During Wednesday’s trading session, the shares of a company engaged in providing mechanized cleaning, conservancy, housekeeping, catering, security & manpower supply hit a 5 percent circuit on NSE, after the company announced securing a work order from The West Bengal Power Development Corporation Limited.
Price Movement
With a market capitalisation of Rs. 172 crores, the shares of Dynamic Services & Security Limited hit a 5 percent circuit at Rs. 125.1 on NSE, as against its previous closing price of Rs. 119.15.
What’s the News
According to the latest regulatory filings with NSE, Dynamic Services & Security Limited has received a work order worth Rs. 3.74 crores from The West Bengal Power Development Corporation Limited, a Government of West Bengal Enterprise.
The contract entails the deployment of 58 contract workers and one supervisor to provide services across various departments at STPS. The project is set to commence on March 22, 2025, and conclude on April 5, 2025.
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Previous Orders
3rd March: Bharat Battery Mfg Co Private Limited, a subsidiary of Dynamic Services & Security Limited, received orders worth Rs. 38.08 lakhs from South Eastern Railway, Northern Railway and Krishna Engineerings, for the supply of low-maintenance stationary lead-acid batteries (110 Volt/200 AH) with all standard accessories.
Financials
The company experienced significant growth in its revenue from operations, showing a year-on-year rise of 33 percent from Rs. 55 crores in H1 FY24 to Rs. 73 crores in H1 FY25. Similarly, its net profit increased during the same period from Rs. 4 crores to Rs. 7 crores, indicating an impressive growth of around 75 percent YoY.
About the Company
Dynamic Services & Security Limited is engaged in the business of deployment of manpower for mechanized cleaning, catering, housekeeping, conservancy service, security service, catering services, contractual services, suppling goods &services, logistics and other related services.
Written by Shivani Singh
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