Multibagger Security Solutions Provider Company Bags New Order Worth Rs 37,31,760 From South East Central Railway
The stock gave multibagger returns of 243 per cent from its 52-week low of Rs 93.05 per share.
Dynamic Services & Security Ltd. (DSSL) has secured a significant contract from South East Central Railway to provide cooking and serving meal services at Uslapur (USL) running room for two years. This domestic contract, valued at approximately ₹37,31,760, is governed by standard terms and conditions and is set to commence on November 20, 2024, concluding on November 19, 2026.
Earlier, the company secured a contract from the Government of West Bengal, Health Department, to provide scavenger personnel at various health facilities in Howrah Sadar and Uluberia subdivisions. This domestic contract, valued at approximately ₹70,00,000, is governed by the Letter of Acceptance's terms and conditions. The contract is for three years, commencing on December 1, 2024, and concluding on November 30, 2027. Specifically, the contract involves providing 6 scavengers at Uluberia Udaynarayanpur Sub-Divisional Hospital and 10 scavengers at Howrah T.L.J. Sub-Divisional Hospital.
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On Friday, shares of Dynamic Services & Security gained 2 per cent to Rs 319.30 per share from its previous closing of Rs 313.05. The stock’s 52-week high is Rs 369 and its 52-week low is Rs 93.05.
Dynamic Services and Security Ltd provides mechanized cleaning, conservancy, housekeeping, catering, security & manpower supply, etc. The company has a market cap of Rs 439 crore and reported positive numbers in its half-yearly results & annual results.
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 243 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.