Upper circuit alert: Heavy buying witnessed in this multibagger stock; hits fresh 52-week high!

In the last one month, the stock has gained more than 85 per cent.

Shares of Aurionpro Solutions Limited were locked in the upper circuit on Friday, gaining 10 per cent. On Friday, the stock also made a new 52-week high. The stock has also delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 321.25 on May 19, 2022, to Rs 653.05 on May 19, 2023, an increase of about 103 per cent in one year holding period.    

The company posted stellar results in Q4FY23; the revenue of the company grew by 38.69 per cent on YOY basis which stood at Rs 190.66 crore. The PAT of the company grew by 23.35 per cent on YoY basis staying at Rs 26.60 crore.  

Aurionpro Solutions Limited works in providing business solutions in the fields of transaction banking platform, customer experience (ACE Platform), smart city and smart transportation experience and cybersecurity solution. 

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On Friday, the stock opened at Rs 599.65, with a high and low of Rs 652.85 and Rs 595.20, respectively. The stock closed trading at Rs 652.85, up by 10 per cent. The stock has a 52-week high of Rs 652.85 and a 52-week low of Rs 221.00. The company has a ROCE of 25.7 per cent and a ROE of 21.8 per cent with a market capitalisation of Rs 1489 crore.