Dynacons Systems secures Rs 79.47 crore order, shares climb 4%

20 Jun 2023 , 02:25 PM

Dynacons Systems and Solutions’ share price surges 4% on Rs 79.47 crore order from Union Bank of India.

The project involves the expansion of the bank’s on-premises private cloud with all-flash hyper-converged infrastructure nodes and software solutions. The contract duration is five years, with a guaranteed uptime of a minimum of 99.95%.

Dynacons Systems reports a significant 91.7% increase in Q4 net profit at Rs 12.32 crore. The company’s share quotes at Rs 491.60, up 2.93% on the NSE. It reached a 52-week high of Rs 555.80 on January 30, 2023, and a 52-week low of Rs 252.05 on August 17, 2022

Dynacons Systems offers a range of services, including consulting, system integration, networking, software solutions, IT infrastructure management, and security solutions.

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