Dynacons Systems & Solutions Ltd (DSSL)

Dynacons Systems & Solutions Ltd Shares Surge on Back of Major Orders - 22 Apr, 2024

Dynacons Systems & Solutions Ltd has experienced a surge in share value, rising by 83.50% between March 27 and April 19, following the announcement of several significant orders worth crores from NABARD, NPCI, BSNL, Union Bank of India, and Bharat Heavy Electricals. Long-term investors have seen returns of nearly 7657%. The company specializes in all aspects of IT infrastructure and is poised for growth in edge computing.

Dynacons Systems & Solutions Stock Surges 39% on Rs 233 Crore Contract Win - 18 Apr, 2024

Shares of Dynacons Systems & Solutions surged 39% after securing a monumental contract worth Rs 233 crore from NABARD. The contract includes upgrading and migrating Core Banking Solution (CBS) from Finacle 7.0 to Finacle 10.2.25, serving 1391 branches of 38 State Coop Banks across 8 states. This win will likely help Dynacons become one of the leading players as a Systems Integrator in the BFSI segment.

Dynacons Systems Secures Contract Worth Rs 233 Crore - 16 Apr, 2024

IT services firm Dynacons Systems & Solutions has secured a five-year contract worth Rs 233 crore from the National Bank for Agriculture and Rural Development (NABARD) for upgrading and migrating core banking solutions. The project includes serving 1,391 branches of 38 state cooperative banks across eight states. The contract is structured on an operating expense basis, ensuring recurring revenue streams throughout the duration of the agreement.

Dynacons Systems & Solutions Ltd Shares Surge 27% in Last 30 Days - 12 Apr, 2024

Dynacons Systems & Solutions Ltd shares have gained 27% in the last month and 170% in the last year. Despite strong earnings growth, its P/E ratio of 24.4x is lower than most companies, indicating investor skepticism about maintaining growth rates.

Dynacons Reports Strong Financials Amid High-Frequency Trading Activity - 01 Apr, 2024

Dynacons Systems & Solutions reported strong financial results for Q3FY24, including significant growth in revenue and profits. Meanwhile, high-frequency trading firms have been active in small, illiquid stocks.

Dynacons Wins Contract Worth Rs 41.72 Crore from NPCI - 27 Mar, 2024

Dynacons Systems & Solutions has secured a Rs 41.72 crore contract from the National Payments Corporation of India (NPCI) for a Data Centre Tech Refresh initiative. The project involves deploying HPE Enterprise Servers with seven years backline comprehensive support and committed uptime. Shares surged up to 20%.