{"id":104298,"date":"2023-06-20T17:15:00","date_gmt":"2023-06-20T11:45:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=104298"},"modified":"2023-06-20T16:24:25","modified_gmt":"2023-06-20T10:54:25","slug":"stock-hits-5-upper-circuit-after-it-bagged-an-order-worth-79-47-cr-from-union-bank-of-india","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-5-upper-circuit-after-it-bagged-an-order-worth-79-47-cr-from-union-bank-of-india\/","title":{"rendered":"Stock hits 5% upper circuit after it bagged an order worth \u20b9 79.47 Cr from Union bank of India"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4129387683\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Dynacons Systems and Solutions Ltd gained 5 percent in the second half of Tuesday\u2019s session. The stock jumped after the company received an order from a Public sector bank.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-938834773\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>As per the exchange filing. On June 20, the company received an order worth Rs 79.47 crore from Union Bank of India to maintain Hyper-Converged Infrastructure and Software Solutions for Bank&#8217;s On-Premises Private Cloud, The project will last for five years and will have a guaranteed uptime of a minimum of 99.95 percent for 24 x 7 x 365.&nbsp;<\/p><p>At 3:15 pm, the shares hit an intraday high of&nbsp; Rs 501.45&nbsp; on the NSE, up 5 percent. Dynacons Systems belongs to the micro-cap category with a market capitalization of Rs 636 crore.<\/p><p>The stock climbed by 43.41 percent in the last six months from Rs 349.65 to current levels, while it grew by 51.77 percent in the previous year from Rs 330.40 to current values.<\/p><div class=\"trade-content_5\" id=\"trade-1641289905\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DSSL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Dynacons Systems &amp; Solutions Limited (DSSL)<\/a><\/strong> was established in 1995 and provides\u00a0 IT infrastructure systems integration, networking solutions, facility management services, security solutions, and software services.\u00a0<\/p><p>As per financials, Operating revenue increased by 32 percent from Rs 171 crore in Q3 to Rs 226 crore in Q4. Similarly, net profit increased by 71 percent from Rs 7 crore to Rs 12&nbsp; crore.&nbsp;<\/p><p>Revenue increased by 23 percent year on year, rising from Rs 653 crores in FY 21-22 to Rs 804 crores in FY 22-23. During the same period, Net Profit increased by 106 percent, from Rs 16 crores to Rs 33 crores.&nbsp;<\/p><p>Profitability ratios are considerable, for the fiscal year 2023, ROE is 31.93 percent, ROCE is 44.07 percent, and the debt-to-equity ratio is 0.62<\/p><p>As per the latest shareholding pattern, the company&#8217;s promoters own 61.1 of the stock, while retail investors own 38.91 percent.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar C<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-1632881760\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3377090607\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Dynacons Systems and Solutions Ltd gained 5 percent in the second half of Tuesday\u2019s session. The stock jumped after the company received an order from a Public sector bank. As per the exchange filing. On June 20, the company received an order worth Rs 79.47 crore from Union Bank of India to maintain [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[5567,5472,5568,3387,4447,4319,5426,4320,4321,5690,5691,3601,6978,5159,5481,8422,948,936,3153,3157,2746,2597],"class_list":["post-104298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-it-stock","tag-it-stock-news","tag-it-stock-result","tag-it-stock-to-buy","tag-it-stock-to-watch","tag-it-stocks","tag-it-stocks-2023","tag-it-stocks-next-week","tag-it-stocks-outlook","tag-psu-banks","tag-psu-banks-stocks","tag-psu-stock","tag-psu-stock-to-buy","tag-psu-stock-to-watch","tag-psu-stocks","tag-psu-stocks-to-buy","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-buy","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock hits 5% upper circuit after it bagged an order worth \u20b9 79.47 Cr from Union bank of India - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of Dynacons Systems and Solutions Ltd gained 5 percent in the second half of Tuesday\u2019s session. 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