12-02-2024 11:55 AM | Source: Accord Fintech
Dynacons Systems zooms on bagging contract worth Rs 90.02 crore

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Dynacons Systems & Solutions is currently trading at Rs. 787.20, up by 67.15 points or 9.33% from its previous closing of Rs. 720.05 on the BSE.

The scrip opened at Rs. 725.80 and has touched a high and low of Rs. 813.00 and Rs. 694.00 respectively. So far 32949 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. 813.00 and Rs. 658.35 respectively. The current market cap of the company is Rs. 946.90 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 been awarded a significant contract by Bharat Sanchar Nigam (BSNL) worth Rs 90.02 crore to deliver an Integrated Telecom Network and IT solution for a prominent customer of BSNL. The comprehensive solution will also include a Command Centre and Network Operations Center (NOC) to enhance BSNL's capabilities in serving its customer. 

Under the terms of the contract, the company will leverage its expertise in cutting-edge technology to design, implement, and manage a state-of-the-art network infrastructure. The solution aims to optimize network performance, improve reliability, and enhance overall customer experience. The proposed Secure Edge solution is to be implemented for Customer's network transformation from the present architecture to a modern, centralized, self-healing architecture that provides seamless connectivity, security, and complete visibility into the Customer’s network. 

The project includes the setup, implementation & management of MPLS Command Centre (MCC) /Network Operation Centre (NOC) at Customer premises along with provisioning of support for 99.5 percent uptime along with the technical resource/manpower to run the NOC and Help Desk as a managed services for 5 years.

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