Hot Pursuit     02-Mar-22
Dynacons System spurts on bagging Rs 101-cr order from BoB
Dynacons Systems & Solutions jumped 10.28% to Rs 235 after the company said it won a Rs 101-crore order from Bank of Baroda to set-up of Software Defined Wide Area Network (SD-WAN) for 6000 branches.
Bank of Baroda (BoB) is one of the largest Public Sector Bank (PSU) in India with a branch network of over 8500+ branches/offices in India and 100+ branches/offices overseas. BoB is intending to implement SD-WAN solution initially in its 6000 domestic branches/offices spread across the country.

SD-WAN is a transformative technology that simplifies the IT infrastructure control and management by delivering a virtual WAN architecture that securely connects users to their applications. The advantages of SD-WAN are simplified branch office connectivity, increased reliability, optimized application performance, and increased network agility. SD-WAN lowers total costs, by providing more resource usage and a more automated branch and WAN architecture that is required to fulfill modern IT business initiatives, the company said in a statement.

Mumbai-based Dynacons Systems & Solutions is an IT company. Its current market capitalisation is Rs 268.98 crore.

On a consolidated basis, net profit of Dynacons Systems & Solutions rose 26.01% to Rs 3.44 crore on 3.69% rise in net sales to Rs 159.51 crore in Q3 December 2021 over Q3 December 2020.

Previous News
  Dynacons Systems & Solutions allots 20,050 equity shares under ESOP
 ( Corporate News - 29-Mar-24   13:40 )
  Dynacons Systems & Solutions consolidated net profit rises 4.51% in the September 2020 quarter
 ( Results - Announcements 14-Nov-20   14:32 )
  Dynacons Systems & Solutions announces board meeting date
 ( Corporate News - 29-Aug-22   16:49 )
  Vivimed Labs Ltd leads losers in 'B' group
 ( Hot Pursuit - 20-Jun-22   14:45 )
  Dynacons Systems & Solutions to conduct board meeting
 ( Corporate News - 29-Aug-24   10:39 )
  Dynacons Systems & Solutions consolidated net profit rises 128.17% in the June 2021 quarter
 ( Results - Announcements 13-Aug-21   08:38 )
  Dynacons Systems & Solutions to hold board meeting
 ( Corporate News - 27-Jan-22   11:24 )
  Dynacons Systems & Solutions standalone net profit rises 10.00% in the June 2016 quarter
 ( Results - Announcements 14-Aug-16   10:37 )
  Dynacons Systems & Solutions consolidated net profit rises 12.71% in the September 2019 quarter
 ( Results - Announcements 15-Nov-19   08:55 )
  Dynacons Systems & Solutions consolidated net profit rises 173.87% in the September 2022 quarter
 ( Results - Announcements 07-Nov-22   08:12 )
  Dynacons Systems & Solutions Ltd leads gainers in 'B' group
 ( Hot Pursuit - 16-Aug-18   12:15 )
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