Multibagger IT infrastructure stock jumps after securing an order worth Rs 74.99 crore from Jammu & Kashmir Bank
DSIJ Intelligence-1 / 12 Dec 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 2,025 per cent in 5 years and over 9,500 per cent in a decade.
- On Friday, shares of Dynacons Systems & Solutions Ltd (DSSL) jumped over 14 per cent to Rs 985 per share from its previous closing of Rs 862.70 per share. The stock’s 52-week high is Rs 1,614.55 while its 52-week low is Rs 825.05. The shares of the company saw a Spurt in Volume by more than 300 times on the BSE.
Dynacons Systems & Solutions Ltd (DSSL) has secured a significant domestic project from Jammu & Kashmir Bank (J&K Bank) valued at Rs 74.99 crores (excluding GST) to deliver a Digital Workplace Solution utilising a Device-as-a-Service (DaaS) model over five years. This landmark initiative aims to accelerate J&K Bank's digital transformation and enhance customer experience across its extensive network of over 1,000 branches and 1,400 ATMs nationwide. The project's core task is the deployment of 9,851 advanced desktops across 1,019 branches on an Operating Expenditure (Opex)-based DaaS model for the entire five-year term.
The comprehensive solution covers the entire device lifecycle, including procurement, configuration, ongoing support, critical security updates, and eventual e-waste management. By adopting this DaaS model, J&K Bank will modernise its IT ecosystem, achieve predictable costs, improve cash flow, and significantly reduce its internal IT management burden. Furthermore, this approach will enable the scalability required to meet evolving business needs, seamlessly support remote and hybrid work environments, and align directly with the bank’s overarching goals for scalable, secure, and cost-efficient operations.
About the Company
Dynacons Systems & Solutions Ltd. is a 30-year-old, CMMI Level 5 and ISO certified IT company headquartered in Mumbai with a national presence, leveraging a large technical resource pool spread across over 250 locations. The company offers end-to-end IT infrastructure services, encompassing infrastructure design, consulting, turnkey systems integration, and the setup of large Network and Data Center infrastructures, including supply of associated equipment and software. Dynacons specialises in modern solutions like Hyper Converged Infrastructure (HCI), Private/Public Cloud setup, Software Defined Networking (SD-WAN) and Storage (SDS), and provides all service models (IaaS, PaaS, SaaS) through its Enterprise Services, which include Managed Services, Cloud Computing, and Applications Development, serving corporations across various industry verticals.
The company has a market cap of over Rs 1,200 crore with an ROE of 37 per cent and an ROCE of 39 per cent. The stock gave multibagger returns of 2,025 per cent in 5 years and over 9,500 per cent in a decade.
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