Stock Report

Aurionpro Fintech signs up deal in the USA market

Posted On : 2022-03-25 13:03:03( TIMEZONE : IST )

Aurionpro Fintech Inc., an Aurionpro subsidiary based in USA, announces an order win from one of the largest Payment Facilitators in USA offering merchant payment services in insurance financing segment. The scope of the order covers platform upgradation, maintenance & support therefor and also the managed services for AWS cloud infrastructure. The contract is for a tenure of 12 months and is valued at US$ 3 Million (approximately INR 23 Crores) spread monthly over the tenure of the contract.

Mr. Raj Biyani, EVP - Head, North America while announcing the order win said that "we have a robust solution and have built capability in terms of resources and technology over last few years. This is bearing fruits now. This win is significant as the customer has reinforced trust in us. This win along with another large win in USA market over last few months will boost our prospects further and help expand our reach in the USA market".

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 304.65 as compared to the previous close of Rs. 293.75. The total number of shares traded during the day was 21586 in over 1525 trades.

The stock hit an intraday high of Rs. 306.00 and intraday low of 288.25. The net turnover during the day was Rs. 6474345.00.