Rs 90,00,00,000 order received: Small-cap multibagger company secured major contract from BSNL for integrated telecom network and IT solutions!
The company has a market cap of Rs 993 crore and has posted excellent numbers in its Quarterly Results (Q3FY24).
Dynacons Systems & Solutions Ltd., a leading provider of technology solutions, has clinched a significant contract worth Rs 90.02 crore which is almost 10 per cent of its market cap from Bharat Sanchar Nigam Limited (BSNL). This deal involves delivering an integrated telecom network and IT solution for a prominent BSNL customer, complete with a Command Centre and Network Operations Centre (NOC) for enhanced network management. Following this news, the stock is currently up by 7.4 per cent, exhibiting notable volatility today with an intraday high of Rs 815 and a low of Rs 695.10.
Project Scope and Value
Under the terms of the 5-year contract, Dynacons will leverage its expertise to design, implement, and manage a cutting-edge network infrastructure for BSNL's customer. The solution aims to:
- Optimize network performance: Dynacons will implement a modern, centralized, and self-healing network architecture, ensuring seamless connectivity, robust security, and complete visibility for the customer.
- Improve reliability: The solution will incorporate features like multi-tenancy and segmentation, along with Denial-of-Service (DoS) mitigation and firewalls, to enhance network resilience and protect against cyber threats.
- Enhance customer experience: By minimizing downtime, optimizing performance, and enabling faster fault resolution, Dynacons' solution will contribute to a more satisfying experience for BSNL's customer.
Key Deliverables:
- Secure Edge network transformation: Dynacons will implement a secure edge solution, transforming the customer's network from its current architecture to a modern, centralized, self-healing system.
- Command Centre (MCC) and Network Operations Centre (NOC): Dynacons will establish and manage an MCC/NOC at the customer's premises, providing real-time network monitoring, proactive issue identification, and 99.5% uptime support.
- Technical expertise and manpower: Dynacons will provide the technical resources and manpower to operate the NOC and Help Desk as managed services for the entire contract duration.
About Dynacons
Dynacons Systems & Solutions Ltd. is a Mumbai-based IT company established in 1995. They offer a wide range of IT infrastructure solutions, including design, consulting, system integration, data center setup, network management, and cloud services. With a strong customer base, diverse talent pool, and proven service delivery infrastructure, Dynacons caters to various industry verticals, providing end-to-end technology solutions and expertise.
The company has a market cap of Rs 993 crore and has posted excellent numbers in its Quarterly Results (Q3FY24). The stock gave multibagger returns of 1162 per cent in past 2 years whereas it has delivered 38.5 per cent over the past 6 months. Investors should keep an eye on this stock!
Disclaimer: The article is for informational purposes only and not investment advice.
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