BUZZ-India's CMS Info Systems gains on report of contract win

Reuters
Sep 01
BUZZ-India's CMS Info Systems gains on report of contract win

** CMS Info Systems CMSN.NS rises 2.4% to 420 rupees; set for best session in more than three weeks

** State-run India Post Payments Bank awards contract to co to replace fleet of 1,000 ATMs and cash dispensers, Economic Times reports, citing Chief Business Officer Anush Raghavan

** Co did not immediately respond to Reuters' request for comment

** Stock rated "buy" on avg; median PT at 580 rupees, per data compiled by LSEG

** YTD, CMSN falls ~14%

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))

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