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Dynacons Systems & Solutions is currently trading at Rs. 703.35, up by 36.00 points or 5.39% from its previous closing of Rs. 667.35 on the BSE.

The scrip opened at Rs. 703.10 and has touched a high and low of Rs. 714.95 and Rs. 681.15 respectively. So far 4232 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 847.00 on 31-Oct-2023 and a 52 week low of Rs. 283.30 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 714.95 and Rs. 648.45 respectively. The current market cap of the company is Rs. 892.77 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 won a major order worth Rs 214 crore for Hyper-Converged Infrastructure and Software Solution for Expansion of Bank’s On-Premises Private Cloud from Union Bank of India. This landmark project involves the implementation of cutting-edge technology to enhance the efficiency and security of the Bank's on-premises private cloud.

Union Bank of India is one of the leading public sector banks of the country, having Head office at Mumbai and 9400+ Branches & 125 Regional offices spread across the country. The Bank created a private cloud solution to standardize and automate its processes. The solution allows the bank to scale faster, offer technology enhancements quicker, reduce operational complexity, and automate application provisioning and deploying.

The Bank is in the process of expanding the On-Premise Private Cloud Infrastructure running at Data Center at Mumbai, Near DR at Thane and Disaster Recovery at Bengaluru. This strategic deployment aims to revolutionize the bank's IT infrastructure, ensuring unparalleled performance, scalability, and resilience. 

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