The stock has surged by 8 per cent to Rs 98, marking a remarkable 40 per cent increase over the past three months.

The company has won three major orders from leading Public Sector Banks, which will help expand its scale of operations and further solidify its position in the industry. The execution of these orders will begin in Q4FY24, with its impact expected to commence during FY25.

AGS Transact Technologies Limited, a prominent player in omnichannel payment solutions, has announced some significant developments in the second quarter of fiscal 2024, which demonstrate a clear strategic shift as a result of market dynamics.