Dynacons Systems & Solutions surges on winning project worth Rs 119 crore from Central Bank of India
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Dynacons Systems & Solutions is currently trading at Rs. 1256.00, up by 56.50 points or 4.71% from its previous closing of Rs. 1199.50 on the BSE.
The scrip opened at Rs. 1275.05 and has touched a high and low of Rs. 1280.00 and Rs. 1247.50 respectively. So far 5189 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1467.00 on 19-Apr-2024 and a 52 week low of Rs. 470.20 on 05-Jul-2023.
Last one week high and low of the scrip stood at Rs. 1280.00 and Rs. 1120.00 respectively. The current market cap of the company is Rs. 1524.94 crore.
The promoters holding in the company stood at 61.01%, while Institutions and Non-Institutions held 0.29% and 38.71% respectively.
Dynacons Systems & Solutions has been awarded a prestigious project worth Rs 119 crore by the Central Bank of India. This project involves the supply, implementation, and maintenance of private cloud infrastructure, backup solutions, and supporting applications at the bank’s Data Center (DC) and Disaster Recovery Center (DRC).
The Central Bank of India aims to implement a private cloud solution to standardize and automate its processes. This upgraded IT infrastructure will enable the bank to scale faster, introduce technology enhancements more swiftly, reduce operational complexity, and automate application provisioning and deployment.
The brief scope includes Comprehensive Private Cloud solution for Core Banking System (CBS) data, virtual machines (VMs), containers, primary backup hardware, and object-based storage for backup archival, Tape Library Integration for enhanced data management, Batch job Automation Processing Solution, Domain User Administration Privileges Management, Internal Private Cloud Infrastructure & Software, Virtual Desktop Infrastructure (VDI) & Access Management Solution. The scope also includes Professional Services & Facility Management Services to DC & DRC. The contract span 5 years extendable by an additional 2 years.
Dynacons Systems & Solutions is an IT company with global perspectives.
