19,000 per cent: This multibagger micro-cap company reports a 210 per cent jump in net profit and announces stellar dividend!

The stock gave investors a staggering 105 per cent return in just 1 year, 320 per cent in 2 years, 2200 per cent in 3 years, and over 19,000 per cent in a decade.

Dynacons Systems & Solutions Ltd (DSSL), a leading IT infrastructure company providing systems integration, networking solutions, facility management services, security solutions, and software services. The company announced its Quarterly Results ended June 30, 2023. Here are the details:

Standalone Quarterly Update: The net sales increased by 85.10 per cent to Rs 295.58 crore, profit before tax increased by 207.48 per cent to Rs 18.61 crore and net profit increased by 209.96 per cent to Rs 14.04 crore in Q1FY24 compared to Q1FY23.   

Consolidated Quarterly Update: The net sales increased by 85.10 per cent to Rs 295.58 crore, profit before tax increased by 207.20 per cent to Rs 18.58 crore and net profit increased by 210 per cent to Rs 14.01 crore in Q1FY24 compared to Q1FY23.  

dividend Update: The company have approved an interim dividend of 5 per cent or Rs 0.50 per equity share having a face value of Rs 10 each. The company verified the record date for the interim dividend as Monday, August 28, 2023. Additionally, the company is paying dividends constantly every year.

On Monday, shares of DSSL plunged 2.03 per cent to Rs 551.50 per share with an intraday high of Rs 574.65 and an intraday low of Rs 536.90. The stock’s 52-week high is Rs 615.65 and its 52-week low is Rs 252.45.

The stock gave investors a staggering 105 per cent return in just 1 year, 320 per cent in 2 years, 2200 per cent in 3 years, and over 19,000 per cent in a decade. Investors should keep an eye on this micro-cap stock.

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