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CMS Info Systems: A high-conviction buy 

Nitin Sharma   •

Opportunities in the cash management and managed services businesses appear to be strong, driven by the ATM replacement cycle, network expansion and retail cash business points growth

The broad drivers of the cash management business is the annual replacement cycle of 25,000-30,000 ATMs and another 3-4 percent growth in the overall network.

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More