IT and Software Sector of Stock Market: Aurionpro Solutions Share Receives $1.2 Million Order from America and Declares Dividend – Full Details on Company Functioning, Current Position, Returns, and New Orders

Introduction

The IT and software sector of the stock market has been in the spotlight recently, especially with the news about Aurionpro Solutions share. The company has received a significant order worth 1.2 million dollars from America. In addition to this, the company has also announced a dividend for its investors. In this article, we will delve into the functioning of Aurionpro Solutions, its current position in the stock market, information about returns, and details about the newly received order and dividend.

Aurionpro Solutions Ltd

Aurionpro Solutions Ltd is a prominent company in the IT and software sector. It holds the position of being the 6th fastest growing technology company in India and the 49th fastest growing technology company in Asia. The company specializes in cash management, risk management, financial planning, loan organization, internet banking, and financial supply chain management products. Additionally, it offers services such as outsourced product development, app development and maintenance, performance assurance, Enterprise Content Management, Identity and Access Management, and ORC Consulting. Aurionpro Solutions caters to a wide range of clients, including renowned banks like Standard Chartered, ICICI Bank, HDFC Bank, DBS, ABNM AMRO, and Citi Bank.

Aurionpro Solutions share current situation

Currently, the market cap of Aurionpro Solutions stands at Rs 2,928.29 crore. The company has provided a dividend yield of 0.2% to its investors. It has free cash worth Rs 30.79 crore available. The promoter holding of the company is 31.19%. The company also has a debt of Rs 42.22 crore. In terms of sales growth, Aurionpro Solutions has achieved a growth rate of 51.21%, while its profit growth stands at an impressive 207.51%.

Return information for last 5 years

Aurionpro Solutions has consistently delivered excellent returns to its investors. In the last 6 months, investors have enjoyed returns of 298%. Over the past 1 year, the returns have been 217%. For the last 3 years, the returns have reached 157%, and over the last 5 years, investors have seen returns of 45%.

Order of 1.2 million dollars from America

Aurionpro Solutions has recently secured a significant order from America. The order amounts to 1.2 million dollars and is related to the supply of validators and hardware for the New Rapid Transit Bus Project. The project is being developed by the Yucatan State Government, and the order originated from the region of Merida, Mexico.

Dividend also announced

In addition to the new order, Aurionpro Solutions has also announced a dividend for its investors. The dividend yield stands at 0.2%. The company has declared a final dividend of Rs 2.50 per share. The ex-date for the dividend is set as 22 September 2023, and the record date is 23 September 2023.

Disclaimer: This news article is solely for informational purposes. We do not provide investment advice. Investing in the stock market carries risks, and it is advisable to seek professional guidance before making any investment decisions.