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9th September 2024 Intraday Stocks For Today 09-09-2024

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Aurionpro Solutions Limited  09-09-2024

Important updates :

  1. RBI Authorization: Aurionpro Payments received authorization from the Reserve Bank of India to operate as an online payment aggregator.

  2. Strategic Acquisitions: The company acquired a 67% stake in Lithasa Technologies Pvt. Ltd. and partnered with Yoma Bank in Myanmar for SME lending operations.

  3. Financial Updates: Aurionpro announced its financial results for Q1 2024 and held an investor meeting to discuss performance and strategies.

  4. New Business Deals: The company secured a significant deal with a major Malaysian bank to modernize corporate lending processes and collaborated with Fime on transit ticketing solutions.

  5. Leadership Expansion: Key executives, including Ashish Kamat and Raj Biyani, are leading efforts in fintech and enterprise software innovation.

Foods & Inns Limited :

 

  1. Financial Performance: For the fiscal year ending March 31, 2024, the company reported a total revenue of Rs 1,026.83 crore and a net profit of Rs 36.72 crore. In Q1 of FY2024, income was Rs 251.28 crore with a profit of Rs 7.01 crore.

  2. Share Price and Market Capitalization: The current share price is Rs 137.62, with a market capitalization of approximately Rs 1,004.69 crore.

  3. Shareholding Changes: Promoter holding decreased from 28.81% to 16.01% over the past year, while Foreign Institutional Investors’ holding increased to 1.6%.

  4. Corporate Actions: The company has been active in corporate governance, including the allotment of equity shares and board meetings discussing financial results and potential dividends.

  5. Dividend: A dividend of 0.25 has been offered, yielding about 0.17%.

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