Shares of Dynacons Systems and Solutions Ltd. surged as much as 15% on Tuesday, May 5, after the company announced receiving a significant order from the Reserve Bank of India. According to reports from CNBC TV18, the company informed exchanges on Monday about securing the contract worth ₹750.82 crore from the central bank. As per Team Angel One, the contract is domestic in nature and does not involve any related party transactions.
The contract involves comprehensive services for the RBI's private cloud infrastructure for data centers, as reported by CNBC TV18. The project includes supply, installation, implementation, integration, maintenance and facilities management services. The contract is scheduled for execution over five years, providing substantial revenue visibility for the company. As per Team Angel One, the company will handle deployment of servers, storage systems, SAN switches, physical racks, and associated software licenses, along with full lifecycle delivery including system integration with existing infrastructure, monitoring, upgrades, vulnerability management, and maintenance.
According to CNBC TV18, the RBI is establishing a new Greenfield Next Generation Data Centre (NGDC) in Bhubaneshwar, Odisha. The central bank is developing a robust, scalable and secure private cloud infrastructure to support current and future application and analytics workloads, with provision for integration of AI cloud capabilities separately. The infrastructure is designed to support scalable and secure cloud capabilities, including integration with AI-driven workloads in the future. The scope includes provisioning and deploying servers, unified native storage, SAN switches, physical racks and associated software licenses.
As reported by CNBC TV18, shares of Dynacons Systems & Solutions were trading 14.3% higher at ₹1,275.2 on Tuesday, with the stock also reaching a 52-week high. According to Team Angel One, as of May 4, 2026, at 3:30 PM, Dynacons Systems share price closed at ₹1,120.00 per share, reflecting a surge of 2.92% from the previous closing price. The contract value represents approximately 50% of the company's overall market capitalization, which stands at just over ₹1,600 crore after the surge. The company will be responsible for end-to-end supply, design, installation, implementation, integration with RBI's existing data center ecosystem, and ongoing technical support.
