SC Soft, an Aurionpro subsidiary, announces foray into Egyptian market, signs deal with e-Finance

SC Soft Pte. Ltd., an Aurionpro subsidiary, announced its foray into Egypt as it has been selected by E-Finance led consortium to supply portable ticket validators for the Egyptian National Railway Project. Egyptian National Railways has sought to implement AFC system that will serve the current and upcoming railway lines and other modes of transport. The new system will use EMV contactless smart cards, QR tickets for multiple journeys. It has been set as a future for multimodal journey platform and ticketing system for the upcoming transportation digitization in Egypt.

SC Soft Pte. Ltd., an Aurionpro subsidiary, is amongst the key partners of E-Finance in this project. SC Soft's modern state of the art AFC systems support all fare media and payment methods including closed loop systems (smart cards), open loop systems and payments (contactless EMV) and mobile apps for payments, top ups and ticketing.

Mr. Sanjay Bali, CEO SC Soft, while commenting on order win said that "we are pleased to announce this win as this marks our foray into Egyptian market and will further consolidate our leadership position in AFC market."

Shares of AURIONPRO SOLUTIONS LTD. was last trading in BSE at Rs.145 as compared to the previous close of Rs. 139.4. The total number of shares traded during the day was 22433 in over 1037 trades.

The stock hit an intraday high of Rs. 145 and intraday low of 139.8. The net turnover during the day was Rs. 3204142.

Source : Equity Bulls

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