1:1 Bonus issue: Company announces record date for bonus shares; stock gains over 800 per cent in just 2 years!
The company's shares have delivered an impressive return of over 180 per cent to their shareholders in just 1 year.
Aurionpro Solutions works to provide business solutions in the fields of Transaction Banking Platforms, Customer Experience (ACE Platform), Smart City and Smart Transportation experiences, and cybersecurity solutions. The company primarily offers software products and consulting services to the banking industry in India and abroad. The company has announced a record date for its bonus issue.
Thursday, June 27, 2024, is fixed as the Record Date for the issuance of Bonus Equity Shares of the Company in the proportion of 1 Equity Share of Rs. 10 each for every 1 (one) existing Equity Share of Rs. 10 each to the Equity Shareholders whose names appear in the Register of Members, Beneficial Owners of the Company, or Depositories as of the Record Date.
On Friday shares of Aurionpro Solutions closed the day at Rs 2686 per share on the BSE representing an almost flat closing of 0.62 per cent. Additionally, the stock has delivered a multibagger return of around 1640 per cent in the past 3 years only.
As per Quarterly Results in Q4 FY24, Aurionpro Solutions reported a quarterly revenue from operation of Rs 247 crore compared to a revenue of Rs 191 crore, representing a growth on a YoY basis. The net profit of the company stood at Rs 39 crore in Q4 FY24 compared to a net profit of Rs 27 crore. Turning attention to the annual performance of the company, it reported a revenue of Rs 887 crore, compared to Rs 659 crore in FY23 representing a gain of 35 per cent YoY. Moreover, the company’s net profit stood at Rs 143 crore in FY24 compared to the profit of Rs 102 crore.
According to the shareholding pattern, the company's promoters hold 26.89 per share while the public or retail investors hold 59.13 per share. Both the FIIs and DIIs have increased their stakes as per the recent update.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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