Dynacons Systems & Solutions surged 8.95% to Rs 939.95 after the company announced that it has secured a prestigious Device-as-a-Service (DaaS) contract worth Rs 74.99 crore from Jammu & Kashmir Bank.
According to the companys exchange filing, the project entails the deployment of 9,851 advanced desktop systems across 1,019 branches nationwide under an Opex-based DaaS model for a period of five years. The end-to-end solution will cover the entire device lifecycle, including procurement, configuration, support, security updates and e-waste management.The company also clarified that neither its promoters nor members of the promoter group have any interest in the awarding entity, confirming that the transaction does not qualify as a related-party deal under regulatory norms.
Dynacons Systems & Solutions (DSSL) is an IT infrastructure company providing systems integration, networking solutions, facility management services, security solutions, and software services.
The company reported a 24.3% jump in consolidated net profit to Rs 22.67 crore in Q2 FY26, compared with Rs 18.24 crore posted in Q2 FY25. Revenue from operations increased 15% year on year (YoY) to Rs 352.39 crore in Q2 FY26.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
