Features:
- Company is into Currency exchange, competitor of Weizmann.
- Too much undervalued, when compared to peers.
- Ritco, a wholly owned subsidiary, a business into Tours and Travels.
- Received RBIs approval to run PPI services and geared up to launch a new portal, transcash.money.
- Consistent Dividend paying company.
- Market share has shown great jump.
- Good Corporate Governance. Share history has seen many bonuses and splits, creating great value for investors.
According to AR of transcorp, Ashish Chug has also taken the position in Transcorp International.
Source: http://transcorpint.com/wp-content/uploads/2017/11/Annual_Report_2017-2018.pdf
Page No: 40
Disc: Holding from September, 2017.