22,500 per cent returns: This multibagger micro-cap company bags new order worth Rs 137 crore from Bharat Heavy Electricals Ltd!
The stock gave investors a staggering 140 per cent return from its 52-week low of Rs283.30 per share, 990 per cent in 3 years and over 22,500 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 informed that it has bagged a significant order from Bharat Heavy Electricals Ltd for high-performance digital workplace solutions as a service including desktops, workstations, led projectors and ups for their nationwide offices/factories all over India. The overall project value is Rs 137 crore for Five (5) years as a contract period.
Bharat Heavy Electricals Limited is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacturer. Established in 1964, BHEL is one of the earliest and leading contributors towards building an Aatmanirbhar Bharat. BHEL is deeply aligned to the vision of a self-reliant India.
Bharat Heavy Electricals Ltd is taking a proactive approach to IT, opting for a comprehensive "Technology Workplace as a Service" solution. This refresh will provide high-end hardware, streamlined device management, and integrated security - all wrapped in a cost-effective, hassle-free package, designed to boost operational efficiency and empower employees with seamless, cutting-edge technology.
On Monday, shares of DSSL plunged 0.94 per cent to Rs 688.35 per share with an intraday high of Rs 704.05 and an intraday low of Rs 683.60. The stock’s 52-week high is Rs 847 and its 52-week low is Rs 283.30.
According to Quarterly Results, the net sales decreased by 10.57 per cent to Rs 220 crore, profit before tax increased by 41.67 per cent to Rs 17 crore and net profit increased by 44.44 per cent to Rs 13 crore in Q2FY24 compared to Q2FY23.
The stock gave investors a staggering 140 per cent return from its 52-week low of Rs283.30 per share, 990 per cent in 3 years and over 22,500 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.
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