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Aurionpro Solutions surges with arm inking agreement to sell IAM business

Aurionpro Solutions Ltd. | IT - Software | IT & ITES | BSE: 532668 | NSE: AURIONPRO

04 Jan 2018 Evaluate

Aurionpro Solutions is currently trading at Rs. 270.80, up by 23.05 points or 9.30% from its previous closing of Rs. 247.75 on the BSE.

The scrip opened at Rs. 264.00 and has touched a high and low of Rs. 283.50 and Rs. 264.00 respectively. So far 1,08,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 283.50 on 04-Jan-2018 and a 52 week low of Rs. 103.05 on 12-Jun-2017.

Last one week high and low of the scrip stood at Rs. 283.50 and Rs. 226.45 respectively. The current market cap of the company is Rs. 596.05 crore.

The promoters holding in the company stood at 32.60%, while Institutions and Non-Institutions held 0.56% and 66.85% respectively.

Aurionpro Solutions’ subsidiary - Cyberinc, has entered into a definitive agreement with KPMG LLP, USA, for sale of its Identity and Access Management (IAM) business. The transaction is expected to close on January 31, 2018.

Cyberinc’s IAM business is the largest independent IAM technology provider in the world. The proposed sale will require participation of Cyberinc US, UK, Australia and Aurionpro India. The aggregate purchase price will be around Rs 217.6 crore, all cash, and excludes the product - Cyberinc Entitlement Server.

Aurionpro Solutions is a publicly traded technology company providing software products and expert level consulting services to an extensive global customer base. The company provides valuable operational and technical experience in helping banks provide new and innovative products to their customers.

Aurionpro Solutions Share Price

904.95 6.40 (0.71%)

21-Apr-2026 09:09 View Price Chart

Peers

Company Name	CMP
TCS	2567.75
Infosys	1311.90
HCL Tech.	1428.60
Wipro	203.35
Tech Mahindra	1507.00
View more..

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Aurionpro Solutions surges with arm inking agreement to sell IAM business

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