THe company has already announced the contract details...
500 with HDFC bank, with a 25% increase in fees per transaction.
contracts in place to provide another 200 ATMs to Punjab and Tamilnud with 10% increases to fees charged by TSI.
It's all gone unnoticed by the market :) but not by my keen eyes...
I think the stage is set for a very profitable year... operating costs have been touted to decrease 15% and with the fee increases already announced equals widening profit margins = big profits... + more ATMs = even bigger profits... we'll see what happens, but I'm quite hopeful a solid result awaits this FY.
TSN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
