Aurionpro Solutions Ltd.AURIONPRO₹1,330.80 -0.20%

Aurionpro Solutions Ltd. has announced a significant win to implement an Automated Fare Collection (AFC) system for Egypt’s public transport network. Executed through its mobility division, Aurionpro Transit Pte Ltd, and in partnership with Mastercard, the project marks a strategic milestone in Aurionpro’s expansion across the Middle East and Africa.

The initiative will modernize fare collection for Mwasalat Misr Group, one of Egypt’s largest mass transit operators, by enabling commuters to make seamless, contactless payments via Mastercard Payment Gateway Services. The scope includes deploying advanced Validators and Mobile Data Terminals (MDTs), all integrated into an open-loop, cashless fare system that supports real-time, digital payments.

This tri-party collaboration, between Mastercard, the National Bank of Egypt, and Mwasalat Misr, aligns with Egypt’s Vision 2030 to create a more inclusive, cashless economy. Historically reliant on cash-based fares, the transit sector will now benefit from greater financial access and operational efficiency through digitization.

The project further cements Aurionpro’s role in transforming global urban mobility and expands its growing portfolio of AFC systems in emerging markets.

Aurionpro has given multibagger returns of more than 905% and 4,615% over the last three and five years.

Let’s take a look at its Factor Analysis scores:

Note: The stock price mentioned is as of 12:55 PM.

Disclaimer

Investments in securities market are subject to market risks, read all the related documents carefully before investing. This is for informational purposes and should not be considered as recommendations.

Kindly refer to  https://share.market/ for more details.

PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887, and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226. 

Registration granted by SEBI, enlistment as Research Analyst, and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.