Solar Company Bags New Order Worth Rs 6,35,04,517.82 From South Central Railway
The stock gave multibagger returns of 287 per cent from its 52-week low of Rs 93.05 per share.
Dynamic Services & Security Ltd (DSSL) has secured a work order from the South Central Railway, Guntakal Division-Electrical, Electrical - Maintenance, DRM Office Complex Guntakal, 515801 Andhra Pradesh, India. This order, awarded by a domestic entity, mandates DSSL to provide services for the installation of rooftop solar plants of varying capacities across various locations within the Guntakal Division, including station buildings, service buildings, residential buildings, and LC gates in the RC, AD, DMM, DHNE, GY, RU, TPTY, PAK& HX Sections. The contract is governed by general terms and conditions and has a 4-month execution timeline commencing from the date of the Letter of Acceptance. The total order value amounts to Rs. 6,35,04,517.82.
Earlier, the company secured a contract from the Government of West Bengal, specifically the Office of the Chief Medical Officer of Health, to provide Housekeeping and Scavenging personnel for the Institute for Mental Care and Raghunathpur SSH/SDH in Purulia. This domestic contract, valued at Rs 41,67,000, is governed by general terms and conditions and is scheduled for execution over 12 months, commencing on January 1, 2025, and concluding on December 31, 2025.
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Dynamic Services and Security Ltd provides mechanized cleaning, conservancy, housekeeping, catering, security & manpower supply, etc. Additionally, the company design, engineering, manufacturing, procurement & supply, installation, testing & commissioning of solar plants and projects. The company has a market cap of Rs 494 crore and reported positive numbers in its half-yearly results & annual results.
The stock’s 52-week high is Rs 369 and its 52-week low is Rs 93.05. The shares of the company have an ROE of 16 per cent and an ROCE of 21 per cent. The stock gave multibagger returns of 287 per cent from its 52-week low of Rs 93.05 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.