Dynacons wins prestigious order worth Rs 105 crores from Life Insurance Corporation of India – Equity Bulls

2022-09-08 10:39:33
Dynacons Systems & Solutions Ltd has won the order from Life Insurance Corporation of India for Workplace Solutions including the Supply, Installation and support of IT Infrastructure for their offices / branches all over India. The overall Value of the order for all the zones to Dynacons is Rs. 105 Crores (Rupees One Hundred and Five Crores)

Life Insurance Corporation of India is one of the oldest & largest Life Insurance Company in India. LIC of India has 5 Zonal offices, 117 Divisional offices, 2048 Branch offices & 2900+ other offices. Life Insurance Corporation of India is looking to refresh their IT Assets with buyback option of existing Assets. The refreshment of IT Infrastructure will help in increased Reliability and Scalability, better Security, reduced Downtime and provide access to the latest Technologies. The scope of the order includes supply & installation of IT Infrastructure across their offices all over India and also includes 3 years of Services and Support.

Shares of Dynacons Systems & Solutions Limited was last trading in BSE at Rs. 275.40 as compared to the previous close of Rs. 262.30. The total number of shares traded during the day was 2110 in over 33 trades.

The stock hit an intraday high of Rs. 275.40 and intraday low of 252.45. The net turnover during the day was Rs. 553585.00.

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