01-01-1970 12:00 AM | Source: Accord Fintech
Aurionpro Solutions soars as its arm wins new order in US
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Aurionpro Solutions is currently trading at Rs. 328.20, up by 26.30 points or 8.71% from its previous closing of Rs. 301.90 on the BSE.

The scrip opened at Rs. 302.00 and has touched a high and low of Rs. 331.70 and Rs. 302.00 respectively. So far 5647 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 468.00 on 30-Sep-2022 and a 52 week low of Rs. 221.00 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 372.80 and Rs. 298.15 respectively. The current market cap of the company is Rs. 745.79 crore.

The promoters holding in the company stood at 33.00%, while Institutions and Non-Institutions held 2.12% and 64.89% respectively.

Aurionpro Solutions’ subsidiary --Aurionpro Fintech Inc. has won new order in the US. This new order, with one of the largest payment facilitators in the US offering merchant payment services in the insurance financing segment, will help to expand the existing long-term relationship with this strategic client.

Aurionpro has developed and implemented the Aurionpro Payments Framework, which is a cutting edge, comprehensive payments platform that is already Live for this client. This new order includes an expansion of the Client platform, AWS infrastructure support and extended services that will facilitate ongoing support, maintenance and enhancements. The order, valued at $18 million (close to Rs 150 crore), will be spread over three years commencing with the calendar year 2023.

Aurionpro Solutions is an advanced technology solutions company catering to the needs of the banking, mobility, payments and government sectors.