In the previous two years, this IT-software business gave its investors returns of above 340%
By: ISL | 15 February, 2023
Two years ago, an investment of Rs 1 lakh in the company's shares would have grown to Rs 4.4 lakh today.
S&P BSE SmallCap business Aurionpro Solutions Ltd has generated multi-bagger returns to its stockholders during the past 2 years. The company's stock value increased during this time from Rs 79 on Feb 9, 2021, to ₹ 351, or a 344% rise throughout the course of the two-year holding period.
Excellent Q3 figures
- On a consolidated basis, the company's net sales in the most recent quarter, Q3FY23, grew by 30% YoY to Rs 168.4 crore. To reach Rs 37.1 crore, the PBIDT (ex OI) increased by 24.4% YoY. Similarly, the bottom line rose to Rs 26.1 crore by 32.9% YoY.
- Additionally, the quarter witnessed a significant increase in wins and pipeline, including the company's biggest victory in America to date. The company's order book has increased to Rs 760 crore as a result.
- In comparison to the industry PE of 27x, the business is presently trading at a TTM PE of 8.77x. The enterprise produced ROE & ROCE of 20.6% & 22.8%, respectively, in FY22. The business, which belongs to Group. A stock has a market value of Rs 803.71 crore. A movement in Aurionpro Solutions Limited's stock price.
- The stock's opening price today was Rs 354.05, and it has since reached high and low points of Rs 357.10 and Rs 349, respectively. On the stock exchanges, 1,910 shares have been exchanged thus far.
- The price of Aurionpro Solutions Ltd's stocks on the BSE at 11.57 am was Rs 349.20, down 0.51% from the last closing price of Rs 351. On the BSE, the stock's 52-week high and low is Rs 468 and Rs 221, respectively.
About Aurionpro Solutions Limited
Leading provider of technology goods and solutions, Aurionpro Solutions Limited supports businesses in accelerating digital innovation in a secure and effective manner. In order to produce real commercial outcomes for multinational businesses, the company combines its core domain expertise, thought leadership in the development and security sectors, and industry-leading IP.