Battery manufacturer bags new orders worth Rs 1,79,91,552 from South Eastern Railway & North Central Railway

The stock gave multibagger returns of 213 per cent from its 52-week low of Rs 93.05 per share.

Dynamic Services & Security Ltd (DSSL) has announced securing new orders totalling Rs 1,79,91,552 from two prominent railway entities. The first order, valued at Rs 6,02,752, comes from South Eastern Railway for the supply of low-maintenance lead-acid secondary cells. These cells, with a capacity of 80 AH, are required to conform to specific Indian Railway Standards and are scheduled for delivery between February 6, 2025, and May 7, 2025.

The second, significantly larger order, is from North Central Railway and is worth Rs 1,73,88,800. This contract involves the supply of 8V 500 AH lead acid batteries conforming to a specific railway. The delivery period for this order extends from February 6, 2025, to April 30, 2026. Both orders are domestic and governed by standard terms and conditions.

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 400 crore and reported positive numbers in its half-yearly results & annual results.

On Tuesday, shares of Dynamic Services & Security gained 2.43 per cent to Rs 291 per share from its previous closing of Rs 284.1 per share. The stock’s 52-week high is Rs 391.80 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 213 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.