Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 26, 2022

Aurionpro Shares Gain After U.S. Unit Wins Rs 150 Crore Order

Aurionpro Shares Gain After U.S. Unit Wins Rs 150 Crore Order
Financial technology representative image (Source: freepik.com)

Shares of Aurionpro Solutions Ltd. gained the most since Dec. 8 after its U.S. unit won orders worth Rs 150 crore from a payment facilitator.

Aurionpro, which has developed the payments platform Aurionpro Payments Framework, will help expand the client platform under this deal, it said in a stock exchange filing.

The U.S. unit, Aurionpro Fintech Inc., will also offer Amazon Web Services infrastructure support and extend services that will facilitate ongoing support, maintenance, and enhancements.

The order will be implemented over three years, starting with calendar year 2023, the company said.

Shares of the company jumped as much as 9.77% before closing 8.93% higher at Rs 329.45. Nifty 50 ended 1.17% higher at 18,014.60.

The scrip traded twice its 30-day average volume, according to data on Bloomberg. The relative strength index is 42.

The one analyst tracking the company maintains a 'buy' rating on the stock, according to Bloomberg data.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search