Stocks News

Aurionpro Solutions shares hiked over 16 percent after partnership with UK-based Future-Tech

Aurionpro Solutions hit an upper circuit of 16 percent at Rs 100.50 after the company signed a strategic partnership with Future-Tech, UK.

This is for the purpose of data center design and consultancy projects in India & South Asia.

It has ventured into the Data Centre building, consulting and hybrid cloud services in recent years.

Moreover, it has built a strong team of industry veterans, with over 20 years of experience in the field, for this purpose.

It aims to provide consultancy services and assistance for rolling out of 100 MW Data Centres within next few years.

Further, the company will proffer consultancy to the other industry leaders on Data Centre designs and implementation.

However, the combined strengths of Aurionpro and Future-Tech will make them formidable partners in the fast growing south Asian markets.

Head quartered in Wokingham, Future-Tech plans to enhance specialisation, engineering excellence and direct industry knowledge within India and South Asia.

It specializes in projects ranging from high density and micro-edge environments to multi-MW campuses.

In fact, the largest project so far is more than 270 MW.

Moving forward, the stock was trading at Rs 97.90, hiked up Rs 14.15, or 16.90 percent at 10:07 hours.

It has successfully hit an intraday high of Rs 99 besides an intraday low of Rs 82.

Meanwhile, the scrip reported a surge in volume by more than 6.76 times and was trading with volumes of 43,333 shares.

This is in comparison to its five day average of 6,245 shares, again of 593.88 percent.

Check all the recent news updates and share market updates


Get 90% Discount on Brokerage Now! Open Demat Account