Rooftop Solar Service Provider Bags New Order Worth Rs 8,19,62,499.43 From South Central Railway

The stock gave multibagger returns of 296 per cent from its 52-week low of Rs 93.05 per share.

Dynamic Services & Security Ltd. (DSSL) announced that it has secured a significant contract from the South Central Railway, Guntakal Division-Electrical, Electrical - Maintenance, DRM Office Complex, Guntakal, Andhra Pradesh, India. This contract entails the provision of rooftop solar plants of varying capacities across a range of structures within the Guntakal Division, including station buildings, service buildings, residential buildings, and Level Crossing (LC) gates. Furthermore, DSSL will be responsible for installing cabling and related infrastructure to support these solar power systems.

This contract, awarded by a domestic entity, is subject to the general terms and conditions outlined in the agreement. DSSL is expected to complete the project within 4 months from the date of issuance of the Letter of Acceptance. The total order value for this project amounts to Rs 8,19,62,499.43. This contract win underscores DSSL's expertise in renewable energy solutions and its strong position in the Indian market.

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 505 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 296 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.