Lower Circuit Alert: Battery company bags 4 orders in just 1-day worth Rs 3,47,39,968 from South Eastern Railway, Northern Railway & Krishna Engineerings
The stock is up by 91 per cent from its 52-week low of Rs 93.05 per share.
Dynamic Services & Security Limited has secured a significant influx of new orders, totaling Rs 3,47,39,968, from prominent domestic entities within the railway and engineering sectors. These orders underscore the company's established reputation and capabilities in supplying specialized battery solutions. Specifically, the company will provide low-maintenance lead-acid batteries to South Eastern Railway (Kharagpur and Kolkata), Northern Railway (New Delhi), and Krishna Engineerings (Guwahati).
The awarded contracts detail the supply of various battery types, including 110V/200AH batteries with accessories for South Eastern Railway and 8V/500AH batteries for diesel-electric locomotive engine starting applications for both South Eastern and Northern Railways, along with similar 8V/500AH batteries for Krishna Engineerings. All contracts are governed by standard terms and conditions, and the products are required to meet stringent specifications such as RDSO and DLW standards, ensuring quality and reliability.
The execution of these orders is scheduled across different timelines, ranging from April 2025 to November 2025, with shorter delivery windows for specific contracts. The financial breakdown of these orders includes Rs. 38,08,320 from South Eastern Railway (Kharagpur), Rs. 60,33,625.60 from South Eastern Railway (Kolkata), Rs. 1,27,32,902.40 from Northern Railway, and Rs. 1,21,65,120 from Krishna Engineerings, highlighting the diverse and substantial nature of the company’s recent business acquisitions.
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Dynamic Services and Security Ltd provides mechanized cleaning, conservancy, housekeeping, catering, security & manpower supply, etc. Additionally, the company designs, 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 were locked in 5 per cent lower circuit to Rs 177.50 per share from its previous closing of Rs 186.60 per share. The stock’s 52-week high is Rs 391.80 per share and its 52-week low is Rs 93.05 per share. The shares of the company have an ROE of 16 per cent and an ROCE of 21 per cent. The stock is up by 91 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.