Dynacons Systems and Solutions Share Price in Focus: Rises After ₹138 Crore LIC Contract Win

Dynacons Systems and Solutions share price jumped sharply on April 21, 2025, after the company announced a significant contract win from Life Insurance Corporation of India (LIC). The ₹138.44 crore deal covers the supply, installation, and maintenance of desktop and all-in-one computers over a 3-year period.

LIC Contract: Project Scope and Duration

Dynacons will deliver end-to-end digital workplace solutions under this project, which includes installation and long-term maintenance. According to the company’s statement to CNBC TV18, “The end-to-end installation and support services, spanning the next 3 years, are designed to ensure these systems run at peak efficiency over the long term, reinforcing environmentally responsible practices.”

The project is expected to enhance LIC’s IT infrastructure across its nationwide offices and comes with a built-in emphasis on sustainability.

Focus On Sustainability Through System Buyback

Dynacons also announced that it will implement a system buyback programme to responsibly recycle outdated devices. The company said this effort would contribute to a circular economy and reduce electronic waste. As organisations increasingly prioritise environmental responsibility, such initiatives are gaining strategic relevance.

Dynacons Systems and Solutions Share Price Performance

On April 21, 2025, Dynacons Systems and Solutions share price opened at ₹1,104.90, unchanged from its previous close. By 2:07 PM, the stock was trading at ₹1,184.00 on the NSE, reflecting a 7.16% intraday gain.

The stock has been in the green for five straight trading sessions, delivering a cumulative return of nearly 23%. Over the past month, it has gained 13%, although it remains down over 18% in 2025 so far. The stock’s 52-week high of ₹1,736.90 was recorded on August 26, 2024, while its 52-week low of ₹926.90 was hit on April 7, 2025.

Conclusion

Dynacons Systems and Solutions share price rose significantly following its ₹138 crore digital workplace contract from LIC. The 3-year project, combined with sustainability efforts like a buyback programme, could improve long-term operational visibility for the company. However, despite the recent rally, the stock is still trading well below its 52-week high.

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