During Monday’s morning trading session, the shares of a leading provider of technology solutions for the financial services industry surged nearly 1.3 percent to Rs. 1,732.1 on BSE, after securing an order for Delhi Metro, one of the world’s largest metro systems, marking its second major metro project in India after Chennai.
At 12:13 p.m., the shares of Aurionpro Solutions Limited were trading flat at Rs. 1,710.6, nearly unchanged from the previous closing price of Rs. 1,710.5, with the company holding a market capitalization of Rs. 9,414 crores.
What’s the News:
According to the latest regulatory filings with the stock exchanges, Aurionpro Solutions announced receiving an order from Delhi Metro Rail Corporation Limited (DMRC).
Under this order, Aurionpro will deliver Automated Fare Collection (AFC) technology and manufactured solutions, including automated gates, validators, and card readers for various operational sectors across DMRC’s extensive Phase I, II, and III networks.
The AFC gates for this project will be fully manufactured in India at Aurionpro’s advanced facility in Ghaziabad, aligning with the government’s “Make in India” initiative.
Previous News:
On 23rd December, Aurionpro Solutions announced its acquisition of 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 was seen as a significant step in strengthening Aurionpro’s banking and fintech strategy, aimed at expanding its presence in Europe and the Middle East.
The transaction had been structured as an all-cash deal for the complete acquisition of Fenixys, valued at a total of 10 million euros.
Through this acquisition, Aurionpro had been enabled to continue its geographical expansion into Europe by leveraging Fenixys’ decade-long expertise in supporting IT transformations for financial institutions, along with their established relationships with major banks across Europe and the Middle East.
Financials:
Aurionpro Solutions reported a significant growth in revenue from operations, experiencing a year-on-year increase of nearly 32 percent, rising from Rs. 211 crores in Q2 FY24 to Rs. 278 crores in Q2 FY25.
Similarly, the company’s net profit increased from Rs. 34 crores to Rs. 46 crores over the same period, representing a growth of around 34 percent YoY.
EBITDA for Q2 FY25 increased by 23 percent YoY to Rs. 56 crores, down from Rs. 46 crores in Q2 FY24, while the operating EBITDA margins declined by 153 bps to 20.3 percent, from 21.8 percent, over the same period.
Also read…..
Stock Performance:
The stock has delivered positive returns of nearly 53.5 percent in one year, as well as around 23 percent returns in the last six months. So far in 2024, the share of Aurionpro Solutions has given positive returns of about 53.5 percent.
About the Company:
Aurionpro Solutions Limited is a leading technology products and solutions provider accelerating Enterprise Transformation Globally and guiding Advanced Accelerated Platform-Led Transformation (ADAPT) that helps enterprises embrace Digital Transformation across Banking, Insurance, Payments, Mobility & Transit and Digital Urban Infrastructures.
The company provides solutions for advanced Digital Urban Infrastructure implementation aiding citizens and civic authorities for Smart City governance and digital twin city platforms, accelerating Mobility and Transit commuting, designing, engineering, consultancy and construction of Data Centers and Hybrid Cloud Services.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
