Aurionpro Solutions Limited announced Bonus Issue of its shares in the ratio of 1:1 . In the span of 5 years ,the stock gave a return of 2,407.42% which made it a multibagger IT stock.

Aurionpro Solutions Limited

Aurionpro Solutions Limited is a global technology solutions provider focused on helping enterprises accelerate their digital transformation. Established in 1997 and headquartered in Mumbai, India, Aurionpro offers a diverse range of services and solutions across several sectors, including banking, smart cities, smart transit systems, and digital payments. The services they provide are –

1. Banking Transformation
2. Smart City and Smart Transit
3. Fintech
4. Digital Supply Chain & Financing
5. Professional Services

Aurionpro Solutions Limited Bonus Issue

The company announced its Bonus Issue on 14th June, 2024 . The ratio of the issue shall be 1:1 which states that an investor will get 1 equity share for every 1 share held by them . The Record Date for the bonus issue is on Thursday, 27th June, 2024 ,i.e.the bonus shares will be credited to those equity shareholders whose names appear in the Register of
Members/Beneficial Owners of the Company/Depositories as on the Record Date.
Investors must purchase the shares by Wednesday, 26th June, 2024 in order to receive the bonus shares .

This is the first Bonus Issue by the company in years.

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Aurionpro Solutions Financials

Aurionpro Solutions Limited has a Market Capital of ₹7,686 Cr and a current price of ₹2,784. The stock has a P/E ratio of 54.5 and a book value of ₹362. The Dividend Yield is 0.04%, with a Return on Capital Employed (ROCE) of 22.3% and a Return on Equity (ROE) of 19.8%. The Face Value of the stock is ₹10, with a Debt to Equity ratio of 0.09 and a Current Ratio of 2.20. Earnings per share (EPS) stand at ₹54.8.

The 52-week high made by the stock was recorded on June 20, 2024, was ₹3,039.90, while the 52-week low was noted on July 5, 2023, stood at ₹891.55.

The stock also gave a massive return of 2,407.42% in the span of 5 years .

The Consolidated P/L of the company is: (Amount in crore)

The Sales grew significantly by about 21.54%, while the Net Profit increased by approximately 4.20% from March 2023 to March 2024.

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