India's Dynacons Systems rises on $14 mln order win

Dynacons Systems And Solutions

07/12/2022 04:00

** Shares of Dynacons Systems and Solutions Ltd  DSSL.NS 
rise as much as 3.1% to 379.80 rupees, highest since June 20
    ** IT solutions co won 1.16 bln rupees (~$14 mln) order to
set up private cloud solutions for Union Bank of India  UNBK.NS 
    ** 5-year project has a guaranteed uptime of minimum 99.95%
    ** Stock set for fifth consecutive session of gains
    ** More than 24,000 shares change traded by 09:23 a.m. IST,
0.7x 30-day avg of 34,770 shares
    ** Stock up 124% this year, up to last close
 
 ($1 = 82.7200 Indian rupees)
 (Reporting by Akansha Victor in Bengaluru)
 ((Akansha.Victor@thomsonreuters.com; Mobile: +919654878265;))