Introduction:
IT stock secures a significant deal with a leading Saudi Arabian bank to modernize corporate banking technology using its iCashpro+ platform, enhancing digital offerings, streamlining operations, and aligning with Saudi Arabia’s Vision 2030 for economic diversification and digital innovation.
Share Price movement of Aurionpro Solutions:
On December 11, 2024, Aurionpro Solutions Ltd (NSE: AURIONPRO) saw its stock surge by 6.57%, closing at ₹1,820. The day’s trading ranged between ₹1,715.45 and ₹1,878.50, with an opening price of ₹1,715.45. The company’s market capitalization reached ₹10,048.86 crore.
Aurionpro Solutions share price rise:
Aurionpro Solutions Limited has secured a major deal with one of the largest banks in Saudi Arabia to modernize its corporate banking technology using Aurionpro’s iCashpro+ transaction banking platform. This collaboration aims to enhance the bank’s digital offerings, streamline operations, and strengthen customer relationships.
This second win in Saudi Arabia this year highlights Aurionpro’s leadership in digital transformation for global transaction banking. The iCashpro+ platform integrates AI-enabled automation, intuitive interfaces, and seamless system integration, providing end-to-end transaction banking solutions that align with the Kingdom’s Vision 2030 goals of economic diversification and digital innovation.
Aurionpro’s partnership with the bank reinforces its presence in the Middle East and North Africa region, showcasing its commitment to empowering financial institutions with cutting-edge solutions. This milestone reflects Aurionpro’s dedication to advancing financial technology and delivering superior customer experiences globally.
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Recent news About Aurionpro Solutions:
On October 29, 2024, Aurionpro Solutions secured orders worth ₹170 crore, including an edge data centre project in NCR for ₹150 crore and design consultancy services in Mumbai and Chennai for ₹20 crore.
Ace investor holding of Aurionpro Solutions:
Sundar Iyer and Vanaja Sundar Iyer hold a 4.22% stake in Aurionpro Solutions Ltd, owning 23,27,789 shares valued at ₹424.1 crore at the current price of ₹1,822, reflecting their continued confidence in the company’s growth potential.
Karthik Sundar holds a 1.81% stake in Aurionpro Solutions Ltd, owning 10,00,000 shares valued at ₹183 crore at the current price of ₹1,830, showcasing confidence in the company’s growth trajectory.
Stock performance of Aurionpro Solutions for Period of 1 week, 6 months and 1 year:
Aurionpro Solutions has demonstrated solid stock performance, with a 3.69% return over the past week, a 26.8% gain over six months, and an impressive 73.7% return over the past year, reflecting its consistent growth and market strength.
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Shareholding pattern of Aurionpro Solutions:
All values in % | Sep-24 | Jun-24 | Mar-24 |
Promoters | 26.88 | 26.88 | 29.91 |
FII | 13.93 | 12.85 | 6.27 |
DII | 2.73 | 2.93 | 0.74 |
Retail & others | 56.45 | 57.36 | 63.08 |
About Aurionpro Solutions:
Aurionpro Solutions is a global technology company specializing in digital innovation, enterprise security, and transaction banking solutions. It delivers cutting-edge services across sectors, empowering businesses with advanced automation, AI-driven platforms, and seamless digital transformation technologies for enhanced operational efficiency and customer experience.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.