Shares of Aurionpro Solutions jumps as its arm partners with Finastra
Shares of the company gained more than 20 per cent in the last one year.
What's the partnership about?
Aurionpro Solutions’ subsidiary - Integro Technologies and Finastra, a global provider of financial services software applications and marketplaces, have entered into a partnership to offer Integro’s SmartLender trade limits solution alongside Finastra’s own Trade Innovation solution.
Integro’s SmartLender has been successfully helping banks in Asia and the Middle East manage risk in trade finance for over 20 years. With Finastra’s global reach, banks around the world will be now able to combine SmartLender’s advanced exposure risk capabilities with Trade Innovation’s front-to-back capabilities for frictionless trade and supply chain finance.
Share price movement of Aurionpro Solutions Ltd
Today, the stock opened at Rs 367.40, with a high and low of Rs 385 and Rs 364.30. The stock closed trading at Rs 376.90, up by 0.99%. In the last 6 months, the shares of the company have given about 10% returns and on a YTD basis, the stock has given about 7% returns.
The stock has a 52-week high of Rs 468 and a 52-week low of Rs 221. The company has a ROCE of 22.5% and an ROE of 19.3% with a market capitalisation of Rs 855 crore.
About the company
Aurionpro Solutions is an advanced technology solutions company catering to the needs of the banking, mobility, payments and government sectors. The company prides itself on the depth and breadth of IT consulting expertise, flexibility and ease of adaptation to effective development and support methodologies, assurance of precise and timely inter-company communications, timeliness of project realization, security of proprietary data and business processes, transfer and retention of business and technical knowledge, responsiveness to unforeseeable resource and skill-specific requirements, and mitigation of financial and political risk.
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