 "Aurionpro Solutions hits six-year high; stock zooms 100% in three months")
Aurionpro Solutions has soared 7.5% to Rs 328, its highest level since July 2008, on back of heavy volumes in otherwise weak market on National Stock Exchange (NSE).
A combined 1.11 million shares representing 5.6% of total equity of the company changed hands till noon deals on NSE and BSE. The stock opened at Rs 304 and touched a low of Rs 298 so far.
Meanwhile, the stock outperformed the market by appreciating 101% from Rs 163 in past three months compared to 10% rise in benchmark S&P BSE Sensex.
Aurionpro Solutions, information technology (IT) software firm, is organized into four primary business lines that include - banking & financial technologies, SCM software, Oracle implementation services and enterprise IT services.
The Reserve Bank of India (RBI), on Thursday, proposed setting up an "anytime anywhere" bill payment system and issued draft guidelines for the implementation of Bharat Bill Payment System (BPPS).
Existing players in the online commerce segment catering to the requirements of bill payments as well as aggregation of payment services will be a part of BBPS. The company operating BBPS should have experience in handling central infrastructure in payments, clearing and settlement and transaction processing, the RBI recommended.
A combined 1.11 million shares representing 5.6% of total equity of the company changed hands till noon deals on NSE and BSE. The stock opened at Rs 304 and touched a low of Rs 298 so far.
Meanwhile, the stock outperformed the market by appreciating 101% from Rs 163 in past three months compared to 10% rise in benchmark S&P BSE Sensex.
Aurionpro Solutions, information technology (IT) software firm, is organized into four primary business lines that include - banking & financial technologies, SCM software, Oracle implementation services and enterprise IT services.
The Reserve Bank of India (RBI), on Thursday, proposed setting up an "anytime anywhere" bill payment system and issued draft guidelines for the implementation of Bharat Bill Payment System (BPPS).
Existing players in the online commerce segment catering to the requirements of bill payments as well as aggregation of payment services will be a part of BBPS. The company operating BBPS should have experience in handling central infrastructure in payments, clearing and settlement and transaction processing, the RBI recommended.
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