650 per cent returns from its 52-week low: This micro-cap company receives new order worth Rs 13,34,00,000 from Indian Railways!

650 per cent returns from its 52-week low: This micro-cap company receives new order worth Rs 13,34,00,000 from Indian Railways!

Kiran Shroff
/ Categories: Trending, Multibaggers

The stock gave multibagger returns of over 650 per cent from its 52-week low of Rs 16.25 per share.

Dynamic Services and Security Ltd informed that the company received a prestigious order from Indian Railways (North East Frontier Railway). The order includes the engagement of personnel for providing onboard housekeeping services in all coaches of Guwahati-based trains for 2 years. The contract Value is approx. Rs 13,34,00,000. The date of commencement is February 15, 2024, and it will conclude on February 14, 2026, i.e. 24 months.

Earlier, the company received an order worth Rs 1.61 crore from The Superintendent, E.S.I. Hospital, Seal Dah. The order includes the engagement of personnel to provide conservancy services to the ESI Hospital, Seal Dah for 2 years. The date of commencement is February 01, 2024, and it will conclude on January 31, 2026, i.e. 24 months.

Today, shares of Dynamic Services & Security plunged 4.41 per cent to Rs 116 per share with an intraday high of Rs 121.95 and an intraday low of Rs 116. The stock’s 52-week high is Rs 164.75 and its 52-week low is Rs 16.25.

Dynamic Services and Security Ltd provides mechanized cleaning, conservancy, housekeeping, catering, security & manpower supply, etc. The company has a market cap of Rs 156.8 crore and reported positive numbers in its half-yearly results & annual results.

The shares of the company have an ROE of 20 per cent and an ROCE of 21 per cent. The stock gave multibagger returns of over 650 per cent from its 52-week low of Rs 16.25 per share. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice. 

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

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