Dynacons wins Rs 137.15 Cr order from Supreme Court for 728 servers

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.3%Reaction day

₹1011.95

prior close

₹1027.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+2.6% vs market

IT Enabled Services peers, median of 79sector+1.0%+2.3% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.3 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+0.7

15m

+0.7

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.3+0.7+2.6+1.0+2.3

Next day

-1.3-1.0-0.3-0.8-0.5

-6.0-3.6-2.5-2.4-3.7

+0.6-4.5+5.1-3.4+4.0

-3.2-6.8+3.6-6.2+3.0

-5.6-6.4+0.8-6.6+1.0

-4.6pendingpending-4.7+0.1

15d

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 79Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Dynacons Systems and Solutions has won a Rs 137.15 crore project from the Supreme Court of India. The order involves supplying, installing, testing and commissioning 728 servers across 728 district courts nationwide for hosting the Case Information System software. The contract includes 3 years of round the clock technical support. It is a domestic order with no related party interest.

Likely market impact

Major government order boosts 3 year revenue visibility and strengthens order book. Positive for stock sentiment.