Penny Stock That Surge 9% after winning an order worth Rs 150 crore

Today, Aurionpro Fintech Inc., a US subsidiary of Aurionpro Solutions, said in the exchange filing that it had won an order. One of the biggest payment processors in the US, who provides merchant payment services for the financing of insurance, is the recipient of this new order.

This new order comprises additional services that will permit continuous support, maintenance, and upgrades, an extension of the client platform, and support for the AWS infrastructure. The order, whose approximate worth is Rs 150 crore, will be paid over three years beginning in 2023.

The business of Aurionpro Solutions Ltd is to offer cutting-edge technological solutions to the Banking, Mobility, Payments, and Government sectors.

The stock’s opening price today was Rs 302, and its high and low were Rs 331.70 and Rs 302, respectively. The stock is presently trading at Rs 328.10, up 8.68% from its previous closing of Rs 301.90.

The company’s shares have returned more than 25% over the past six months, while the stock has returned more than 6% over the past year.

The stock’s 52-week range includes a high of Rs. 468,000 and a low of Rs. 221,000. The firm, which has a market capitalization of Rs. 742.60 crore, has a ROCE of 22.5% and a ROE of 19.3%.