CMS Info Systems Ltd up by 6.96 percent | Espresso

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Espresso Shot of the Day - CMS Info Systems Ltd up by 6.96 percent

November 01, 2022
Espresso Shot of the Day - CMS Info Systems Ltd up by 6.96 percent

CMS Info Systems Ltd 334.05 (+6.96%) BSE –INE925R01014 | 1st November 2022

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CMS is India’s largest Cash Management and Payment Solutions firm and the world’s fifth largest ATM Cash Management company. With a network spanning over 90,000 ATMs and retail outlets, CMS has the unique distinction of being 'circulation system'? of the country's economy. CMS Info Systems was formed in 2009 following an investment by the Blackstone Group, in partnership with Mr. Rajiv Kaul (ex-CEO Microsoft India) to acquire majority stake in certain key businesses of CMS Computers. In 2011, CMS Info Systems acquired Securitrans India Private Limited (SIPL), the second largest cash management company in India, thus consolidating its position as the leading cash management services company in India and today is the fifth largest in the world. Cash management services aside, today CMS is also a leader in each of its varied business lines like ATM deployment and Managed Services & Card Personalization.


Recent Drivers

  • On November 1,2022, CMS Info Systems announced that its Net Profit rose 37.37% to Rs.72.52 crores in the quarter ended September 2022 as against the Rs. 52.79 crores during the previous quarter ended September 2021.
  • On November 1,2022, Sales of the company rose 26.77% to Rs.471.67 crores in the quarter ended September 2022 as against the Rs. 372.08 crores during the previous quarter ended September 2021.
  • On September 27,2022 CMS Info Systems informed that the credit rating agency ICRA revised its outlook on the ratings of the company to 'positive' from 'stable'. Simultaneously, the agency reaffirmed the company's short-term rating at "ICRA] A1+ and the long-term rating at "ICRA] AA.
  • On 30 August 2022, CMS Info Systems allotted 374,635 equity shares under ESOP.
  • On August 23,2022, the Board Recommended a Dividend of Rs.1 per equity share for the year ended March 31, 2022, subject to approval of shareholders at the ensuing Annual General Meeting. The record date for the same was September 14,2022.
     (Sources: BSE, Money control, Business Standard)    
                                                                  

Technical Force*

  • S&P BSE Sensex cap month till date gain by 0.26%.
  • 3 months avg. NSE volume: 2,28,664.
  • Quantity traded: 3,26,064| Deliverable quantity: 65,115 (19.97%).
  • Stock price jumped by more than 50 % from a one-year low level: 212.55 (June 20, 2022)
  • Daily RSI (14) is near oversold territory today.
  • 52-week-high: 344.25| 52-week-low: 212.55.


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

304.93

282.47

259.93

237.47

214.93

192.47

169.93

-

Fibonacci Pivot

282.47

265.28

254.66

247.82

237.47

227.12

220.28

209.66

192.47


Today’s Close

334.05

SMA

BSE

10 DAY

316.64

20 DAY

305.08

50 DAY

280.96

200 DAY

258.99


Some Key Ratios (Source: BSE)

Market Cap:  5,146.50 Crores

PE:  -

OPM%: 30.97

ROE%:  16.00

Promoters holding%: 63.01

Prev. Close:  312.30


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.


Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.