This small-cap IT company bags contracts worth more than Rs 100 crore

The company is having presence in more than 250 locations in India.

by 5paisa Research Team Last Updated: Mar 30, 2023 - 01:27 pm 363 Views

The company is having presence in more than 250 locations in India.

About New Contract

For the supply, installation, testing, and operation and maintenance of PKI solutions, IT infrastructure components, and connectivity services for the e-PASSPORT PROJECT, Dynacons Systems & Solutions has received one of the coveted contracts worth Rs 106 crore from (n)Code Solutions of GNFC.

Governments all over the world are pursuing the issuance of sophisticated machine-readable travel papers (MRTD) to their people due to security concerns, evolving technologies, and rising standards. These papers, also referred to as ePassports, have a chip that saves data that can be compared to the information on the passport.

Price Movement of Dynacons Systems & Solutions Limited 

The scrip opened on Wednesday at Rs. 291.20 and touched a high and low of Rs 304 and Rs 283.30, respectively. Its 52-week high stood at Rs 555 whereas its 52-week low was Rs 206.50. The current market cap of the company is Rs 379.02 crore. Promoters hold 61.10%, whereas non-institutional holdings 38.90%.

About the Company 

On September 26, 1995, Dynacons Systems & Solutions was established as a private limited company. On November 30, 1999, it underwent a conversion to become a public limited company. It is an international IT firm with offices throughout India and other countries as well as a base in Mumbai. A group of experts with knowledge of IT solutions created Dynacons. These activities began with management consulting twenty years ago, which sparked a demand for software consulting, which carved out the market for the provision of hardware and software in a bundle in the shape of a "solution". Dynacons aids in the selection of the most effective technology and application and in developing a business case for adoption based on improved performance and a reduced total cost of ownership.

How do you rate this article?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest News
Sahana Systems IPO GMP (Grey Market Premium)

Sahana Systems IPO worth ₹32.74 crore comprises entirely of a fresh issue of shares by the company. The price band has been fixed in the range of ₹132 to ₹135.

  • Jun 08, 2023
Infollion Research Services has bumper listing at 155% premium

Infollion Research Services Ltd had a bumper listing on 08th June 2023, listing at a sharp premium of 154.88%, but subsequently gave up some of the bumper gains towards the close of trade as the markets also wobbled in the second half of the trading day.

  • Jun 08, 2023
Three Interesting NFOs expected in June

New fund offerings (NFOs) are a regular offering from the various mutual fund houses. In the last few months, the practice of companies tapping the Indian investors through NFOs has picked up once again.

  • Jun 08, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number