Stock Report

Aurionpro announces new win in the Banking segment, secures order from a leading public sector bank in India

Posted On : 2023-12-01 19:03:55( TIMEZONE : IST )

Aurionpro has announced new order win from a large public sector bank in India. The order includes the supply, installation, implementation, customization and maintenance of iCashpro+, our Cash Management Solution at the bank's site. The project is valued more than INR 30 Crores, comprising implementation and go-live within the next two quarters, followed by maintenance for a period of five years.

iCashpro+ is a next-generation Transaction Banking platform that provides a comprehensive solution for full-spectrum corporate banking. It is designed to deliver a superior and consistent client experience across customer segments, enhancing time-to-market, acquiring improved cash visibility, and reducing expenses.

Sandeep Chiber, Executive Vice President (EVP), in announcing the win, said, "iCashpro+, our cutting-edge Transaction Banking solution, has empowered numerous banks to become regional leaders by enhancing efficiency, sustainability, and overall financial well-being of their corporate customers. This latest win is a testament to our team's commitment to provide next-gen solutions that drive technological transformation for our clients. Adding such a large and forward-looking public sector bank to our clientele further strengthens our credentials within the banking space in India. We express our gratitude to the bank for reposing trust in us."

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 1844.75 as compared to the previous close of Rs. 1760.50. The total number of shares traded during the day was 3775 in over 295 trades.

The stock hit an intraday high of Rs. 1848.50 and intraday low of 1753.00. The net turnover during the day was Rs. 6858236.00.