Buyers only in this small-cap IT stock after winning a prestigious order from LIC India – Dalal Street Investment Journal

The bullet train of bulls took a halt on Thursday amid the US Fed Minutes, which showed that Federal Reserve officials are planning more rate hikes.   
Around 1 pm today, Nifty was seen trading below the 17,900 mark, down by nearly half a per cent while Sensex was hovering around its important psychological mark of 60,000.   
Despite the key benchmark indices trading in negative terrain, the advance-decline ratio is slightly in favour of bulls as stock-specific action continued on D-Street. Amongst all the stocks that are buzzing, there’s only one stock in particular, which gained all the limelight and that is – Dynacons Systems & Solutions.   
The stock got locked at an upper circuit of 5 per cent at Rs 291.15 on NSE with a total traded volume of 12,841 shares while buyers’ pending orders are about 14,022.   
So, let’s know the reason behind this wide-margin outperformance in such a slippery market condition. 
So, basically, the company won an order from Life Insurance Corporation of India for Workplace Solutions including the supply, installation & support of IT infrastructure for its offices/branches all over India. The overall value of the order for all zones to Dynacons is Rs 105 crore.  
Life Insurance Corporation of India is one of the oldest and largest life insurance companies in India.  
The quantum of orders is quite impressive, given the fact that the company reported sales of Rs 159.68 crore in the quarter ended June 2022. Interestingly, the company’s median sales growth is 32.1 per cent in the last 10 years. Furthermore, it delivered good profit growth of 65.6 per cent CAGR over the last five years. RoE is also noteworthy at 28.1 per cent. However, a couple of things that lead to raise eyebrows are the debtor days, which have been rising steadily.   
Debtors’ days are used to show the average number of days it takes a company to receive payment from its customers for invoices issued to them. If you have a higher number of debtor days, it means that your business has less cash available to use.   
Mkt Commentary8-Sep, 2022
Penny Stocks8-Sep, 2022
Mindshare8-Sep, 2022
Mindshare8-Sep, 2022
List of the stocks that are close to their 52-week low.
Mindshare8-Sep, 2022
Here’s a list of the stocks that are close to their 52-week high.
Phone Number:
Email address:
To request a call back:
Do Miss Call on 02066663888
Dalal Street Investment Journal
Flash News Investment
Large Rhino
Mid Bridge
Tiny Treasure
Upstream Pick
Value Pick
First Step
Multibagger Pick new
Pop Stock
Pop Options
Pop Scalper
Pop Futures
Super 60
Portfolio Advisory Service
Stock Market Book
Derivatives Book
About Us
Contact Us
Stock Simulation
DSIJ Magazine Archive
Investor Awareness Programs (IAP)
Advertise With Us
Tribute to Founder
Top Gainers
Top Losers
52 Week High
52 Week Low
Quarterly Results
Broker Reports
Guru Investors


Leave a Comment