Multibagger stock that has delivered 483 percent returns in a year jumps 9 percent in the day’s trade after receiving a prestigious work order worth Rs. 13.34 Crores from the Indian Railways.
At 12:50 p.m the shares of Dynamic Services & Security Limited were trading at Rs. 117, up 8.48 percent from its previous day’s close price of Rs. 107.85 and its market capitalization is Rs. 146 Crores. It has delivered multibagger returns of 483 percent in a year.
Dynamic Services & Security Limited has received a very prestigious order from the Indian Railways (North East Frontier Railway) for the Engagement of Personnel for providing On Board House Keeping Services in all coaches of Guwahati trains
It has received the contract for a consideration is Rs. 13.34 Crores for a period of 2 years from February 15, 2024, to February 14, 2026.
Dynamic Services and Security Limited is engaged in the business of providing Mechanized Cleaning, Conservancy, Housekeeping, Catering, Security & Man Power Supply, and many more.
Its revenue from operations grew 2.24 percent from Rs. 71.51 Crores in FY22 to Rs. 73.12 Crores in FY23, accompanied by increasing profits of Rs. 2.16 Crore to Rs. 9.68 Crore.
It has reported a return on equity (ROE) of 19.2 percent and a return on capital employed (ROCE) of 21 percent, it is making good returns on its equity and capital employed.
Written by: Bharath K.S
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