Aurionpro Solutions surges as its arm setting up wholly owned subsidiary in Turkey

Aurionpro Solutions is currently trading at Rs. 291.70, up by 4.75 points or 1.66% from its previous closing of Rs. 286.95 on the BSE.

Aurionpro Solutions
Aurionpro Solutions

The scrip opened at Rs. 287.00 and has touched a high and low of Rs. 294.75 and Rs. 284.60 respectively. So far 8634 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 390.40 on 18-Jan-2022 and a 52 week low of Rs. 81.55 on 08-Mar-2021.

Last one week high and low of the scrip stood at Rs. 312.00 and Rs. 284.60 respectively. The current market cap of the company is Rs. 658.35 crore.

The promoters holding in the company stood at 33.00%, while Institutions and Non-Institutions held 0.55% and 66.45% respectively.

Aurionpro Solutions’ Singapore subsidiary — SC Soft is setting up a wholly owned subsidiary in Istanbul, Turkey. The subsidiary, named as SC Soft Information Technology Consultancy, which will be based in Istanbul, Turkey will primarily focus on the smart mobility segment, particularly Automated Fare Collection (AFC) business and will cater to the rapidly growing markets spread across the Western Asian as well as European countries. The company’s presence in the region will enable it to tap into the talent pool based in the region and will catalyze expansion in the newer markets.

Aurionpro Solutions is a publicly traded technology company providing software products and expert level consulting services to an extensive global customer base. The company provides valuable operational and technical experience in helping banks provide new and innovative products to their customers.