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01-01-2025 11:10 AM | Source: Accord Fintech
Dynacons Systems zooms on securing project worth Rs 280 crore

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Dynacons Systems is currently trading at Rs. 1423.65, up by 49.20 points or 3.58% from its previous closing of Rs. 1374.45 on the BSE.

The scrip opened at Rs. 1418.00 and has touched a high and low of Rs. 1449.10 and Rs. 1401.95 respectively. So far 5018 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1730.00 on 26-Aug-2024 and a 52 week low of Rs. 621.60 on 23-Jan-2024.

Last one week high and low of the scrip stood at Rs. 1449.10 and Rs. 1315.05 respectively. The current market cap of the company is Rs. 1802.72 crore.

The promoters holding in the company stood at 61.01%, while Institutions and Non-Institutions held 0.01% and 38.98% respectively.

Dynacons Systems & Solutions has secured the Rs 280 crore project to augment the IT Data Center infrastructure of Canara Bank. This comprehensive, turnkey initiative underscores the company’s expertise in delivering advanced data center solutions for mission-critical environments.

The project spans five years and encompasses the supply, implementation, and maintenance of cutting-edge infrastructure, including 500 servers, high-performance storage systems, and an extensive suite of IT hardware and software. By transforming Canara Bank's data center capabilities, the company is poised to strengthen the bank's digital foundation and ensure seamless operations at scale.

This achievement reaffirms the company’s leadership in providing end-to-end data center solutions for leading organizations across India.

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