Bengaluru, Aug. 20 -- A leading electronics manufacturer has entered the fintech hardware sector, by collaborating with a global payment solutions provider to manufacture POS devices in India, boosting local manufacturing and the country's digital payment growth.
With the market capitalization of Rs. 15,422 crore, the shares of PG Electroplast Ltd were trading at Rs. 544 up by 0.67 percent from its previous day's close price of Rs. 540.30 per equity share, and it has reached an intraday high of Rs. 573.75.
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PG Electroplast Limited (PGEL) has signed a definitive agreement with PAX India, a subsidiary of PAX Global Technology, to manufacture PAX-branded Point-of-Sale (POS) devices in India.
Production will begin by year-e...
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