1:1 Bonus Shares & Rs 1,100+ Crore Order Book: IT-Company Secures Major Win in Smart Transit with the Delhi Metro Project
The stock is up by 93 per cent from its 52-week low is Rs 897.50 per share and gave multibagger returns of 5,600 per cent in 5 years.
Aurionpro Solutions Limited announced a prestigious order win from Delhi Metro Rail Corporation Ltd. (DMRC). Under this order, Aurionpro will deliver Automated Fare Collection (AFC) technology and manufactured solutions, including automated gates, validators, and card readers for various operational sectors across DMRC’s extensive Phase I, II, and III networks. The AFC gates for this project will be fully manufactured in India at Aurionpro’s state-of-the-art facility in Ghaziabad, aligning with the government's "Make in India" initiative.
This significant project reinforces Aurionpro's position as a trusted technology partner in the smart transit space and showcases its commitment to delivering advanced, efficient, and locally manufactured transit solutions for one of the largest metro systems in the world. Delhi Metro holds the distinction of pioneering metro rail services in India, setting the benchmark for urban transit systems across the country. Being entrusted with this project underscores Aurionpro's reputation for delivering innovative and reliable solutions in the smart transit space.
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About Aurionpro Solutions Ltd
Aurionpro Solutions Limited (NSE: AURIONPRO) (BSE: 532668) is a global leader in providing advanced technology solutions with a focus on Banking, Mobility, Payments, Insurance, Data Center Services, and Government sectors. We leverage Enterprise AI to create comprehensive solutions that drive intelligent transformation for our clients worldwide. Our team of over 2,500 professionals brings a global mindset and deep domain expertise to deliver tailored services that empower our diverse clientele to achieve their strategic goals.
The company has a market cap of over Rs 9,000 crore and as of September 30, 2024, the order book exceeds Rs 1,100 crore. On June 27, 2024, shares of the company ex-traded bonus shares in the ratio of 1:1. The stock is up by 93 per cent from its 52-week low is Rs 897.50 per share and gave multibagger returns of 5,600 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.