Multibagger IT infrastructure stock with 26,000 per cent returns: Company bags new order worth Rs 119 crore from Central Bank of India (CBI)

The stock gave multibagger returns of 165 per cent in just 1 year, 750 per cent in 3 years and over 26,000 per cent in a decade.

Dynacons Systems & Solutions Ltd secured a significant contract worth Rs. 119 Crores (excluding GST) from the Central Bank of India, one of India's oldest and leading public sector banks. This 5-year project with a 2-year extension option involves supplying, implementing, and maintaining the Central Bank's private cloud infrastructure, backup solutions, and supporting applications across their Data Center and Disaster Recovery Center.

The project aims to standardize and automate the bank's processes through a comprehensive private cloud solution encompassing Core Banking System data, virtual machines, containers, data storage, automation tools, user management, and virtual desktop infrastructure with additional professional and facility management services. This upgraded IT infrastructure is expected to enhance scalability, agility, and operational efficiency for the Central Bank of India (CBI).

Dynacons Systems & Solutions Ltd. is a Mumbai-based IT company with nearly three decades of experience that provides a comprehensive range of IT infrastructure services across India. The company has a highly skilled technical workforce spread across more than 250 locations and holds industry-leading certifications. Dynacons offers services that encompass the entire IT infrastructure lifecycle, from design and consulting to turnkey integration, large network and data centre setup, and associated equipment and software provisioning. They specialize in cutting-edge solutions like Hyper-Converged Infrastructure (HCI), private/public cloud setup, Software-Defined Networking (SD-WAN) and Storage (SDS), VDI solutions, and multi-location infrastructure management.

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Today, shares of DSSL gained 2.87 per cent upper circuit to Rs 1,281.80 per share from its previous closing of Rs 1,246. The stock’s 52-week high is Rs 1,467 while its 52-week low is Rs 470.20.

The company has a market cap of Rs 1,600 crore with an ROE of 41 per cent and an ROCE of 44 per cent. The stock gave multibagger returns of 165 per cent in just 1 year, 750 per cent in 3 years and over 26,000 per cent in a decade. Investors should keep an eye on this Small-Cap stock.

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