Aurionpro Solutions Ltd today announced that it has been awarded a strategic order from the Haryana State Department of Transportation to run the NCMC Open Loop Tracking System and the BOOT Model GPS System. The Haryana State Department of Transportation oversees much of the state’s bus passenger transport, with 3,488 buses and luxury buses circulating the streets, operated at 24 depots, making the trip convenient for 40 crore of passengers per year.
Aurionpro will operate the Automated Open Loop Fare Collection System (AFCS) and the online reservation system. The total value of the contract is greater than Rs 40 crore spread over a period of five years.
The company is a technology solutions provider that helps businesses grow through digital innovation. It targets customers in verticals such as BFSI, telecommunications and logistics. The company suffered losses at T4FY21 and FY21 as well. The quarter ended in June was a beacon of hope. In addition, it also received several orders in the second quarter, which could lead to better results in the second quarter.
The stock traded today at 206.00, up 2.23% at 12:34 am on BSE.