India's Aurionpro Solutions hits upper circuit on Trejhara Solutions unit buy

Trejhara Solutions

07/09/2023 05:13

** Shares of technology solutions company Aurionpro
Solutions  APSL.NS  rise as much as 5% to 1234.55 rupees, hits
upper circuit
    ** Stock hits record high, on track for sixth consecutive
session of gains, if trend holds
    ** APSL acquires the interactive communication business of
Trejhara Solutions  TREJ.NS  
    ** Acquisition as a going concern on slump sale basis;
valued at 1.40 billion rupees($16.84 million)
    ** More than 7,000 shares change hands by 09:32 a.m. IST,
0.3x the 30-day avg 
    ** As of last close, stock gains ~15.9% in last 5 sessions
and 242.4% YTD


($1 = 83.1430 Indian rupees)

 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))