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Dynacons Systems & Solutions is currently trading at Rs. 498.00, up by 20.30 points or 4.25% from its previous closing of Rs. 477.70 on the BSE.

The scrip opened at Rs. 479.45 and has touched a high and low of Rs. 501.55 and Rs. 470.95 respectively. So far 17368 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 555.00 on 30-Jan-2023 and a 52 week low of Rs. 252.45 on 17-Aug-2022.

Last one week high and low of the scrip stood at Rs. 501.55 and Rs. 447.60 respectively. The current market cap of the company is Rs. 620.12 crore.

The promoters holding in the company stood at 61.10%, while Non-Institutions held 38.90% stake in the company.

Dynacons Systems & Solutions has received order from Union Bank of India worth Rs 79.47 crore for Supply, Installation, configuration, implementation and maintenance for Hyper-Converged Infrastructure and Software Solution for Expansion of Bank's On-Premises Private Cloud.

Union Bank of India is one of the largest Government Banks having Head office at Mumbai and more than 9400 Branches & 125 Regional offices spread across the country.

The private cloud solution will help standardize and automate its processes. The Hyper-Converged IT infrastructure will allow the bank to scale faster, offer technology enhancements quicker, reduce operational complexity, and automate application provisioning and deployment. The solution involves the integration of products of HP Enterprise, VMWare, Red Hat and Microsoft.

Dynacons Systems & Solutions is an IT company with global perspectives.