DYNACONS SYSTEMS & SOLUTIONS LTD.
NSE : DSSLBSE : 532365ISIN
CODE : INE417B01040Industry : IT - SoftwareHouse
: Private
BSE1267.50115.2 (+10 % )
PREV CLOSE (Rs.) 1152.30
OPEN PRICE (Rs.) 1140.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 13717
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1268.50 115.3 (+10 % )
PREV CLOSE(Rs.) 1153.20
OPEN PRICE (Rs.) 1157.60
BID PRICE (QTY) 1268.50 (23247 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 53415
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 16-Apr-2024 | Dynacons Systems & Solutions secures contract worth Rs 233 crore from NABARD | <p style="text-align: justify;">Dynacons Systems & Solutions has secured a significant contract worth Rs 233 crore (all inclusive) from the National Bank for Agriculture and Rural Development (NABARD). This monumental contract encompasses the upgradation and migration of Core Banking Solution (CBS) from Finacle 7.0 to Finacle 10.2.25, operating on the Application Service Provider (ASP) model. The scope of the contract includes serving 1391 branches of 38 State Coop Banks across 8 states. This project further underscores NABARD's commitment to embracing cutting-edge solutions to enhance operational efficiency and deliver superior banking services. </p><p style="text-align: justify;">Under the terms of the contract, the company will deploy its comprehensive suite of services, encompassing consultancy, implementation, customization, and ongoing support. Leveraging its domain knowledge and technical expertise, the company aims to minimize disruptions to banking operations while maximizing the benefits of the new Finacle platform. </p><p style="text-align: justify;">The project scope includes Core Banking Solution upgrade, migration, and maintenance, alongside infrastructure and network enhancements from leading technology vendors such as HPE, Oracle, Fortinet, Array, and Versa. Furthermore, this contract is structured on an Operating Expense (OPEX) basis, ensuring recurring revenue streams throughout the duration of the agreement. This model not only provides financial predictability for both parties but also aligns incentives for ongoing support and innovation, fostering a mutually beneficial partnership for sustained success. </p><p style="text-align: justify;">Dynacons Systems & Solutions is an IT company with global perspectives.</p><div style="text-align: justify;"><br></div> |
| 16-Apr-2024 | Dynacons Systems & Solutions zooms on securing contract worth Rs 233 crore from NABARD | <p style="text-align: justify;">Dynacons Systems & Solutions is currently trading at Rs. 1114.85, up by 170.35 points or 18.04% from its previous closing of Rs. 944.50 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 929.70 and has touched a high and low of Rs. 1123.90 and Rs. 929.15 respectively. So far 40123 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,123.90 on 16-Apr-2024 and a 52 week low of Rs. 356.50 on 18-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1123.90 and Rs. 922.05 respectively. The current market cap of the company is Rs. 1418.53 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 61.10%, while Non-Institutions held 38.90% stake in the company.</p><p style="text-align: justify;">Dynacons Systems & Solutions has secured a significant contract worth Rs 233 crore (all inclusive) from the National Bank for Agriculture and Rural Development (NABARD). This monumental contract encompasses the upgradation and migration of Core Banking Solution (CBS) from Finacle 7.0 to Finacle 10.2.25, operating on the Application Service Provider (ASP) model. The scope of the contract includes serving 1391 branches of 38 State Coop Banks across 8 states. This project further underscores NABARD's commitment to embracing cutting-edge solutions to enhance operational efficiency and deliver superior banking services. </p><p style="text-align: justify;">Under the terms of the contract, the company will deploy its comprehensive suite of services, encompassing consultancy, implementation, customization, and ongoing support. Leveraging its domain knowledge and technical expertise, the company aims to minimize disruptions to banking operations while maximizing the benefits of the new Finacle platform. </p><p style="text-align: justify;">The project scope includes Core Banking Solution upgrade, migration, and maintenance, alongside infrastructure and network enhancements from leading technology vendors such as HPE, Oracle, Fortinet, Array, and Versa. Furthermore, this contract is structured on an Operating Expense (OPEX) basis, ensuring recurring revenue streams throughout the duration of the agreement. This model not only provides financial predictability for both parties but also aligns incentives for ongoing support and innovation, fostering a mutually beneficial partnership for sustained success. </p><p style="text-align: justify;">Dynacons Systems & Solutions is an IT company with global perspectives.</p> |
| 01-Apr-2024 | Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | Allotment of 20,050 equity shares pursuant to Dynacons- Employees Stock Option Plan 2020 (''ESOP-2020'') |
| 27-Mar-2024 | Dynacons Systems & Solutions bags contract worth Rs 41.72 crore | <p style="text-align: justify;">Dynacons Systems & Solutions has been awarded a significant contract worth Rs 41.72 crore by the National Payments Corporation of India (NPCI) for a Data Centre Tech Refresh initiative.</p><p style="text-align: justify;">NPCI continually innovates its services to meet evolving market needs and anticipates future demands proactively. The organization is dedicated to providing a seamless experience to all its customers, irrespective of their size, location, or level of interface. In line with NPCI's commitment to enhancing its IT infrastructure to support business growth, the Data Centre located in Chennai is slated for a significant upgrade. The proposed solution involves deploying enterprise-class HPE Servers capable of handling the most demanding workloads. This initiative of NPCI signifies a significant step towards strengthening India's payment and settlement infrastructure.</p><p style="text-align: justify;">The adoption of Enterprise Class Servers will accelerate NPCI's digital transformation journey by leveraging modern operating systems. This will enable NPCI to seamlessly integrate the latest versions of applications, thereby enhancing server performance and expanding its capabilities. The refreshed server environment is poised to better align with NPCI's business goals. The comprehensive solution offered by Dynacons includes the deployment of HPE Enterprise Servers, backed by seven years of comprehensive support and committed uptime.</p><p style="text-align: justify;">This order underscores Dynacons' expertise in delivering high-quality enterprise server solutions and driving innovation and facilitating seamless transactions for millions of users across India. In addition, this refresh to NPCI's IT infrastructure marks yet another milestone in the country's ongoing digital payment journey, reinforcing its commitment to fostering a secure and efficient digital payment ecosystem for the nation. </p><p style="text-align: justify;">Dynacons Systems & Solutions is an IT company with global perspectives.</p><div style="text-align: justify;"><br></div> |
| 27-Mar-2024 | Dynacons Systems & Solutions zooms on bagging contract worth Rs 41.72 crore | <p style="text-align: justify;">Dynacons Systems & Solutions is currently trading at Rs. 910.75, up by 128.35 points or 16.40% from its previous closing of Rs. 782.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 786.40 and has touched a high and low of Rs. 919.65 and Rs. 786.40 respectively. So far 10822 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 952.25 on 22-Feb-2024 and a 52 week low of Rs. 283.30 on 29-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 919.65 and Rs. 773.35 respectively. The current market cap of the company is Rs. 1156.34 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 61.10%, while Non-Institutions held 38.90% stake in the company.</p><p style="text-align: justify;">Dynacons Systems & Solutions has been awarded a significant contract worth Rs 41.72 crore by the National Payments Corporation of India (NPCI) for a Data Centre Tech Refresh initiative.</p><p style="text-align: justify;">NPCI continually innovates its services to meet evolving market needs and anticipates future demands proactively. The organization is dedicated to providing a seamless experience to all its customers, irrespective of their size, location, or level of interface. In line with NPCI's commitment to enhancing its IT infrastructure to support business growth, the Data Centre located in Chennai is slated for a significant upgrade. The proposed solution involves deploying enterprise-class HPE Servers capable of handling the most demanding workloads. This initiative of NPCI signifies a significant step towards strengthening India's payment and settlement infrastructure.</p><p style="text-align: justify;">The adoption of Enterprise Class Servers will accelerate NPCI's digital transformation journey by leveraging modern operating systems. This will enable NPCI to seamlessly integrate the latest versions of applications, thereby enhancing server performance and expanding its capabilities. The refreshed server environment is poised to better align with NPCI's business goals. The comprehensive solution offered by Dynacons includes the deployment of HPE Enterprise Servers, backed by seven years of comprehensive support and committed uptime.</p><p style="text-align: justify;">This order underscores Dynacons' expertise in delivering high-quality enterprise server solutions and driving innovation and facilitating seamless transactions for millions of users across India. In addition, this refresh to NPCI's IT infrastructure marks yet another milestone in the country's ongoing digital payment journey, reinforcing its commitment to fostering a secure and efficient digital payment ecosystem for the nation. </p><p style="text-align: justify;">Dynacons Systems & Solutions is an IT company with global perspectives.</p> |
| 21-Mar-2024 | Allotment of Equity Shares | Inter alia, to consider the Allotment of equity shares, to the eligible employees who have chosen to exercise their options granted to the employees under Dynacons-Employees Stock Option Plan 2020 (?ESOP-2020?), based on the recommendation and approval of the Nomination and Remuneration Committee |
| 21-Mar-2024 | Allotment of Equity shares under ESOP | Inter alia, to consider the Allotment of equity shares, to the eligible employees who have chosen to exercise their options granted to the employees under Dynacons-Employees Stock Option Plan 2020 (?ESOP-2020?), based on the recommendation and approval of the Nomination and Remuneration Committee |
| 19-Feb-2024 | Dynacons Systems & Solutions informs about press release | <p style="text-align: justify;">Dynacons Systems & Solutions has informed that it enclosed announcement titled ‘Dynacons wins the Best Partner for Government Business for the Year 2023 from Apple India.'</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 12-Feb-2024 | Dynacons Systems bags contract worth Rs 90.02 crore | <p style="text-align: justify;">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. </p><p style="text-align: justify;">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. </p><p style="text-align: justify;">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.</p><p style="text-align: justify;">Dynacons Systems & Solutions is an IT company with global perspectives.</p> |
| 12-Feb-2024 | Dynacons Systems zooms on bagging contract worth Rs 90.02 crore | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">The promoters holding in the company stood at 61.10%, while Non-Institutions held 38.90% stake in the company.</p><p style="text-align: justify;">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. </p><p style="text-align: justify;">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. </p><p style="text-align: justify;">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.</p><p style="text-align: justify;">Dynacons Systems & Solutions is an IT company with global perspectives.</p> |
