20 May 2025

Dynacons Systems Gains After Securing RS. 18.84 Crore CTS Scanner Order from Bank of Baroda

Dynacons Systems & Solutions is trading at RS. 1195.90, up by 10.50 points or 0.89% from its previous close of RS. 1185.40 on the BSE.

The stock opened at RS. 1198.00 and has registered a high of RS. 1210.00 and a low of RS. 1176.65 so far. A total of 1091 shares have been traded on the counter today.

Classified under BSE group 'B', the stock has a face value of RS. 10. It has touched a 52-week high of RS. 1730.00 on August 26, 2024, and a 52-week low of RS. 929.20 on April 7, 2025. In the past week, the scrip has seen a high of RS. 1213.70 and a low of RS. 1077.35. The company currently commands a market capitalization of RS. 1530.67 crore.

Promoter shareholding in the company stands at 60.95%, with institutions holding 0.43% and non-institutions 38.63%.

In a major development, Dynacons has bagged an RS. 18.84 crore order from Bank of Baroda for supplying CTS Scanners. The order involves providing scanners for BOB’s sponsored Regional Rural Banks (RRBs) and subsidiaries, including installation and integration with the CTS application used by these banks.

The entire project is expected to be implemented within 8 weeks from the issuance of the purchase order. The contract also includes installation and comprehensive maintenance with SLA-based support for a duration of five years.

Dynacons Systems & Solutions specializes in IT infrastructure services, including consulting, design, system integration of large-scale networks and data centers, software and hardware supply, and facilities management across multiple locations for domestic clients.