highlights
In the last six months, this stock has given returns of about 28 percent.
This stock has given 60 percent profit to investors in one year.
DLSS stock has risen 1923 percent in five years.
Multibagger Stock: Some stocks in the stock market give spectacular returns to investors. The lives of those who luckily get hold of such multibagger shares change their lives. One such stock that can attract investors in the long term is that of Dynacons Systems and Solutions (DSSL) company. The share price of DSSL was only Rs 2.75 on January 10, 2014. Which increased to Rs 692 (DSSL Share Price) on NSC on Monday, January 15. In this way, within a period of ten years, DSSL shares have given huge profits to the investors.
Dynacons Systems & Solutions Limited (DSSL) provides system integration, networking solutions, facility management services, security solutions and software services. Recently the company has received an order worth Rs 137 crore from Bharat Heavy Electricals Limited (BHEL). The duration of this contract is 5 years. DSSL will provide BHEL with high performance digital workplace solutions including desktops, workstations, LED projectors and UPS for offices/factories across India.
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Gave great returns
DSSL is a micro cap company. Its market cap is Rs 875.75 crore. The 52-week high of ASSL share is Rs 849 and 52-week low is Rs 284.55. In the last six months, this stock has given about 28 percent returns to investors. This stock has given 60 percent profit to investors in one year. DLSS stock has risen 1923 percent in five years. At the same time, the return of this stock has been 22 thousand percent in ten years.
One lakh became Rs 2.5 crore
On January 10, 2014, the DSSL share rate was Rs 2.75 on NSE, which has now increased to Rs 692. If an investor had invested Rs 1 lakh in this share ten years ago and has maintained his investment till now, then the value of his investment has now increased to Rs 25,163,636.
Net profit increased by 44 percent
The net profit of Dynacons Systems and Solutions Limited increased by 44.44 percent on annual basis to Rs 13 crore in the second quarter of the current financial year. Similarly, profit before tax also increased by 41.67 percent on annual basis to Rs 17 crore. But, compared to the second quarter of financial year 2023, the company’s sales declined by 10.57 percent to Rs 220 crore in the second quarter of financial year 2024.
(Disclaimer: The information given here is based on the performance of the shares. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. News18 Hindi is responsible for any loss you may incur. Will not done.)
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first published : January 16, 2024, 06:24 IST