The small-cap company now secures 30 per cent ATMs in India; do you own it?

The stock had a PE of 17.58x, an ROE of 19.60 per cent and a ROCE of 27.50 per cent.   

CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology services, has now secured 30 per cent of ATMs across India through its proprietary award-winning security application ‘ALGO OTC’. This application helps banks implement RBI guidelines on OTC Lock Activation to ensure the mitigation of risks during ATM operations and enhance security. 

The company plans to further implement the software application ALGO OTC to the existing 15,000 ATMs of the largest bank in India in CY2023. 

Today, shares of CMS Info Systems zoomed 3.01 per cent to Rs 297.80 with an intraday day high of Rs 299.95 and an intraday low of Rs 289. 

CMS Info Systems Limited is India's largest cash management company in terms of the number of engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, and organized retail and e-commerce companies in India. 

CMS Info Systems have a market cap of over Rs 4,500 crore. In its Quarterly Results and annual results, the company reported positive numbers. The stock had a PE of 17.58x, an ROE of 19.60 per cent and a ROCE of 27.50 per cent.   

Investors should keep an eye on this stock.