Aurionpro secures additional MMRDA order, further expanding engagement for Automated Fare Collection Solution deployment on Mumbai Metro Line 5

Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) is pleased to announce a significant order win in its Transit and Smart Mobility segment, securing an additional mandate from the Mumbai Metropolitan Region Development Authority (MMRDA) to deploy its cutting-edge, end-to-end Automated Fare Collection (AFC) solution. Valued at approximately ₹50 crore, the order expands Aurionpro's existing engagement with MMRDA for Mumbai Metro Lines 4 and 4A, announced last year, and extends the deployment of its AFC system to six additional stations under Mumbai Metro Line 5 - Phase I.

MMRDA is developing one of India's largest metro rail networks, transforming urban mobility and enhancing connectivity across the Mumbai Metropolitan Region. Aurionpro is proud to partner in this landmark initiative by delivering its cutting-edge AFC solution and proven execution capabilities, enabling seamless ticketing, efficient fare management, and an enhanced passenger experience.

Commenting on the order, Sanjay Bali, President - Technology Innovation Group (TIG), Aurionpro Solutions, said: "We are grateful to MMRDA for once again placing its trust in Aurionpro and extending our engagement. This order is a strong endorsement of our technology capabilities, execution excellence, and commitment to delivering world-class transit solutions. As metro networks continue to expand across India and globally, Aurionpro is steadily strengthening its position as a preferred technology partner for mass transit operators. Backed by a robust portfolio of next-generation mobility solutions and a strong market opportunity, we are well-positioned to accelerate our growth and expand our presence in both domestic and international markets."

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 734.60 as compared to the previous close of Rs. 731.70. The total number of shares traded during the day was 26055 in over 932 trades.

The stock hit an intraday high of Rs. 741.00 and intraday low of 732.00. The net turnover during the day was Rs. 19187648.00.

Source : Equity Bulls

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