Dynacons wins Rs 74.99 cr DaaS order from J&K Bank, 5-year deal

Business Updates View source PDF Explain this filing

DSSL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+14.1%Reaction day

₹861.00

prior close

₹895.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+13.8% vs market

IT Enabled Services peers, median of 70sector+0.5%+13.6% vs sector

On the reaction day the stock moved 13.8 pts more than Nifty Microcap 250 and 13.6 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

+3.2

10m

+4.6

15m

+4.2

30m

+4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+14.1+0.3+13.8+0.5+13.6

Next day

+14.9+0.8+14.1+0.5+14.4

+15.0+0.1+14.8+0.1+14.9

+11.0-0.8+11.7-1.1+12.0

+11.3-1.1+12.3-1.3+12.6

+12.1+0.2+11.9-0.5+12.6

+13.6+1.6+12.0+0.8+12.8

15d

+13.7+2.5+11.2-0.8+14.5

+19.0-2.7+21.7-4.8+23.9

+9.4-0.3+9.7-6.2+15.6

+5.5-8.9+14.4-19.1+24.6

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 70Pending

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

AI summary

Dynacons Systems & Solutions has secured a Rs 74.99 crore Device-as-a-Service (DaaS) project from Jammu & Kashmir Bank. The 5-year contract involves deploying 9,851 desktops across 1,019 branches PAN India under an Opex-based model. The deal covers the full device lifecycle including procurement, configuration, support, security updates, and e-waste management. No promoter or related party interest is involved in the awarding entity.

Likely market impact

Significant revenue win for Dynacons from a major PSU bank, providing multi-year recurring revenue visibility and boosting IT services portfolio.