India's Dynacons Systems rises after $13 mln contract win

Gujarat Narmada Valley Fertilizers & Chemicals

31/03/2023 06:51

** Shares of Dynacons Systems and Solutions  DSSL.NS  up as
much as 5% at 313.05 rupees
    ** Co hits sharpest intraday pct gain since Jan. 25, on
track for second consecutive session of gains, if trends hold
    ** IT solutions company said it got a 1.06 billion rupees 
($12.9 million) contract for an e-passport project from (n)Code
Solutions of Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
    ** About 17,568 shares change hands as of 11:04 a.m. IST, vs
0.6x 30-day average of 29,942 shares 
    ** Stock down ~16% YTD as of last close, after three
consecutive years of gain

($1 = 82.1780 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com;))