Rs 750 crore RBI Order: THIS IT stock price jumps 18%, is it in your portfolio?

Rs 750 crore RBI Order: Dynacons said the contract includes end-to-end work. This covers supply, installation, implementation, and integration of systems. It also includes long-term maintenance and facility management services.
Rs 750 crore RBI Order: THIS IT stock price jumps 18%, is it in your portfolio?
Rs 750 crore RBI Order: THIS IT stock price jumps 18%, is it in your portfolio?

Rs 750 crore RBI Order: Shares of IT and management company Dynacons Systems & Solutions Ltd surged about 19 per cent on Tuesday, 5 May. The rally came after the company announced a large order worth Rs 750.82 crore from the Reserve Bank of India (RBI).

The stock opened at Rs 1,215.00. It hit a high of Rs 1,338.60 and a low of Rs 1,215.00 during the session. The company’s market capitalisation stood at around Rs 1.60K crore. The stock’s 52-week high is Rs 1,338.60, while the 52-week low is Rs 781.00.

The company informed exchanges about the deal on Monday. The project is related to building and managing private cloud infrastructure for RBI’s data centres.

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What the RBI project involves

Dynacons said the contract includes end-to-end work. This covers supply, installation, implementation, and integration of systems. It also includes long-term maintenance and facility management services.

The RBI is building a new Greenfield Next Generation Data Centre (NGDC) in Bhubaneswar, Odisha. The aim is to create a strong and scalable private cloud system. This system will support current and future workloads, including analytics and AI-based applications.

The project scope includes deployment of servers, storage systems, SAN switches, racks, and software licences. Dynacons will also integrate the new setup with RBI’s existing data centre systems.

The company added that it will provide ongoing support. This includes monitoring, updates, vulnerability management, and maintenance. The full contract is expected to be completed over five years.

Stock price movement today

Dynacons Systems share price opened at Rs 1,220 on the BSE. It touched an intraday high of Rs 1,338.60. The stock also saw a low of Rs 1,220 during the session.

The sharp jump reflects positive investor sentiment after the large order win. Such long-term contracts usually provide revenue visibility.

Strong Q3 performance supports momentum

The company has also reported healthy financial performance. For Q3 FY26, total income came in at Rs 342 crore. This was up 9.5 per cent year-on-year.

EBITDA rose sharply by 49.2 per cent to Rs 41 crore. Margins improved to 11.9 per cent. Net profit stood at Rs 23 crore, up 27.3 per cent year-on-year.

For the nine-month period (9M FY26), total income reached Rs 1,025 crore. This marked an 8.7 per cent increase. EBITDA grew 44.6 per cent to Rs 110 crore. Net profit came in at Rs 66 crore, up 21.3 per cent.

The improvement in margins shows better operating leverage and a stronger solutions mix.

Stock return trend remains strong

The stock has delivered strong returns across time periods. In the past one week, it is up about 17.75 per cent. Over one month, it has gained 41.38 per cent. On a year-to-date basis, the stock is higher by 22.61 per cent.

Over a one-year period, it has risen 17.34 per cent. The long-term performance is even stronger. The stock has surged 223.96 per cent in three years and an impressive 1,142.76 per cent in five years.