Data center stock jumps 8% after launching AryaX-AI to enhance AI transparency 

One of the data center stocks specializes in offering software products and consulting services to the banking industry, both in India and internationally. The stock has jumped 7.92 percent after launching AryaXAI with the DLBacktrace Tool to Enhance AI Transparency.  Stock Price Movement:  With a market capitalization of Rs. 10,204.56 crores, the shares of Aurionpro […] The post Data center stock jumps 8% after launching AryaX-AI to enhance AI transparency  appeared first on Trade Brains.

Dec 19, 2024 - 07:30
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Data center stock jumps 8% after launching AryaX-AI to enhance AI transparency 

One of the data center stocks specializes in offering software products and consulting services to the banking industry, both in India and internationally. The stock has jumped 7.92 percent after launching AryaXAI with the DLBacktrace Tool to Enhance AI Transparency. 

Stock Price Movement: 

With a market capitalization of Rs. 10,204.56 crores, the shares of Aurionpro Solutions Limited reached an intraday high of Rs. 1868.80 per equity share, rising nearly around 7.92 percent from its previous day’s close price of Rs. 1731.65. 

Since then, the stock has retreated and is currently trading at Rs. 1865 per equity share. Over the last 5 years, the stock has provided impressive returns of more than 5,919.39 percent. 

What Happened: 

Arya.ai, a part of Aurionpro, has introduced AryaXAI, a powerful platform designed to make artificial intelligence (AI) systems more transparent and accountable, especially in industries where AI is used in critical applications. This platform helps companies ensure their AI systems follow ethical and regulatory standards, providing safety and explainability. 

A standout feature, DLBacktrace, is a tool that helps explain the decisions made by complex AI models, like deep learning, by making their operations more understandable. Arya.ai has also made DLBacktrace open-source, allowing developers worldwide to use and improve it. 

Order Book and Segment Performance: 

Aurionpro Solutions has an order book of Rs. 1,150 crore, with 40% from the banking segment and 60% from the Technology Innovation Group (TIG). The banking segment fuels growth, primarily through transaction banking and AI-enabled solutions, while TIG is gaining momentum in smart mobility and data center projects. 

Future Outlook: 

Aurionpro aims for over 30% growth in FY25 while maintaining healthy earnings margins. The company plans to further explore inorganic growth opportunities to strengthen its market presence and capabilities. It will continue investing in research and development to foster innovation and drive market expansion. 

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Market Expansion: 

Aurionpro Solutions has secured major deals across the Americas, Southeast Asia, the Middle East, and Africa, fueled by strong demand in banking and fintech. Its competitive product offerings have resulted in high win rates and recognition as a global category leader in five Chartis RiskTech quadrants.

Additionally, the company’s presence in the Global RiskTech 100 further underscores its industry leadership. 

Recent Quarter Results and Ratios: 

Aurionpro Solutions Limited’s revenue grew by 31.75%, rising from Rs. 211 crore in Q2 FY24 to Rs. 278 crore in Q2 FY25. Its net profit also saw a 35.29% increase, growing from Rs. 34 crore in Q2 FY24 to Rs. 46 crore in Q2 FY25. 

Over the past four years, Aurionpro Solutions has achieved a CAGR of 16.88% in revenue and 45.39% in net profit. 

The company’s return ratios are strong, with a ROCE of 22.3% and an ROE of 19.7%. Its debt-to-equity ratio stands at a low of 0.02x, indicating that it is nearly debt-free. Aurionpro Solutions’ EPS for Q2 FY25 is Rs. 31.1. 

Company Overview: 

Aurionpro Solutions Limited, founded in 1997, operates as a global technology company that delivers innovative solutions in transaction banking, customer experience, smart cities, transportation, and cybersecurity. 

The company offers key products like the iCashpro+ transaction banking platform, ACE for customer engagement, and smart city solutions to enhance digital governance. Aurionpro serves banks, financial institutions, governments, and enterprises, specializing in banking & fintech and technology innovation, and drives transformation through its advanced platforms and consulting services. 

Written By – Nikhil Naik 

Disclaimer

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The post Data center stock jumps 8% after launching AryaX-AI to enhance AI transparency  appeared first on Trade Brains.

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