Aurionpro Solutions soars on acquiring Fenixys
Aurionpro Solutions is currently trading at Rs. 1777.95, up by 46.25 points or 2.67% from its previous closing of Rs. 1731.70 on the BSE.
The scrip opened at Rs. 1769.00 and has touched a high and low of Rs. 1803.95 and Rs. 1769.00 respectively. So far 116 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1989.95 on 28-Aug-2024 and a 52 week low of Rs. 897.50 on 19-Mar-2024.
Last one week high and low of the scrip stood at Rs. 1909.80 and Rs. 1700.00 respectively. The current market cap of the company is Rs. 9561.33 crore.
The promoters holding in the company stood at 26.88%, while Institutions and Non-Institutions held 15.37% and 57.75% respectively.
Aurionpro Solutions has acquired Fenixys, a consulting firm specializing in providing capital markets services to leading banks and financial institutions across Europe and the Middle East. This strategic acquisition strengthens Aurionpro's banking and fintech strategy to expand its footprint in Europe and the Middle East.
The transaction comprises an all-cash deal for the acquisition of the entire stake in Fenixys for a total of 10 million euros. This acquisition allows Aurionpro to continue its geographical expansion into Europe by leveraging Fenixys' experience of over 10 years in partnering with financial institutions undertaking IT transformations, as well as their deep relationships with major banks across Europe and the Middle East.
Fenixys, headquartered in Paris with offices in the United Kingdom, Denmark, and the Middle East, is highly regarded for its expertise in advisory, project management, enterprise architecture, and MUREX services. With Aurionpro's existing portfolio of banking and fintech solutions, Fenixys significantly augments its offerings while continuing to provide strategic advisory and solutions for challenges in the capital markets sectors.
Aurionpro Solutions is an advanced technology solutions company catering to the needs of the banking, mobility, payments and government sectors.
