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Dynacons ranked 60 in the Economic Times India's Growth Champions 2020 list

Posted On: 2020-03-25 16:45:14


Dynacons Systems & Solutions Limited has been ranked 60% in Economic Times India's Growth Champions list of the fastest growing companies among all Industries in India. A total of 150 Companies have been ranked by Economic Times as part of this list.

The inaugural Economic Times India's Growth Champions list is an initiative that aims to highlight true accelerators of the Indian economy. The ranking identified the fastest growing companies among all Indian industries using specific criteria; companies had to have generated minimum revenue numbers over a three-year period to register and apply, be independent entities, and have primarily demonstrated organic growth. This ensured that the only companies included are those of genuine economic substance, sustainability, and credibility apart from being economic accelerators. The combination of these many factors ensured that those showcased in the ranking are justifiably called India's growth champions.

Commenting on the development, Mr. Shirish M. Anjaria, Chairman cum Managing Director of the Company said "A place in this ranking represents a high-profile acknowledgement of a company's performance that extends far beyond its specific industry. India's Growth Champions reflects company's mercurial growth and rising stature, which will act as a multiplier effect to further speed up growth. Dynacons has received multiple awards and recognitions from Financial Times, Deloitte, and this awards once again demonstrates its exceptional leadership in the technology space. The Company has delivered a solid performance in the past few years with revenues in line with expectations. Its outstanding achievements have contributed to India's growth wave, making it one of the changemakers of the nation."

According to Deepak Lamba, President, Times Strategic Solutions Limited, "As one of the youngest economies of the world, India's drive and enterprise is best reflected in these changemakers that have been rightly lauded as India's Growth Champions. This one-of-a-kind ranking underlines the gold standard for growth and excellence, and we hope their feats will inspire the broader diaspora of India Inc. to aim ever higher as they script their own growth stories."

Shares of DYNACONS SYSTEMS & SOLUTIONS LTD. was last trading in BSE at Rs.13.05 as compared to the previous close of Rs. 13.9. The total number of shares traded during the day was 98 in over 2 trades.

The stock hit an intraday high of Rs. 13.05 and intraday low of 12.65. The net turnover during the day was Rs. 1259.


Source: Equity Bulls

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