Shares of Aurionpro Solutions Ltd gained 4% higher on 5 March after the company announced receiving an order worth Rs 100 crore.
In its regulatory filing, the company said that it had received an order from the Directorate of State Transport, Government of Haryana, to implement its Haryana Antyodaya Parivar Parivahan Yojana scheme.
The aim is to provide free public transportation services to people within the state of Haryana who are below the poverty line.
The people who are eligible will receive free public transportation services within the state who are below the poverty line by issuing open-loop National Common Mobility Cards that will allow people to travel up to 1,000 km annually for each member of the covered family.
The company is a well-known provider of open-loop technology solutions and will be the technology partner for this project, while AU Small Finance Bank will be the banking partner for card issuance.
As of December 2023, the FIIs (foreign portfolio investors) increased their stake in the company from 4.44% to 6.22%.
The company is an advanced technology solutions provider serving the demands of the banking, payments, mobility, and government sectors.
At 3:30 pm, the shares of Aurionpro closed 2.91% higher at Rs 2,240 on NSE.