Latest news with #BlackBoxLtd
Hans India
01-07-2025
- Business
- Hans India
Black Box eyes scalable growth
Mumbai: Black Box Ltd, an Essar Group technology arm, aims to double its revenue to $2 billion by FY29, supported by a solid order book and growing demand in data centre and enterprise networking segments, the JM Financial Institutional Securities Limited report states. The company's net new orders reached $218 million (1.22x book to bill), with a total order book climbing to $504 million, marking a 7 per cent year-on-year increase. A healthy pipeline of $2.5 billion signals strong growth visibility amid rising global IT spending, projected at $5.27 trillion in 2024, the report notes. Black Box's verticalized sales approach targets its top 300 global clients -- including Fortune 500 giants such as Meta, Intel, Disney, and Bank of America -- focusing on expanding wallet share in these strategic accounts. A significant growth lever is its dedicated data centre segment, contributing 17.5 per cent of revenue, with projections to rise to 25 per cent by FY29, implying a CAGR of 42 per cent.
Business Standard
26-06-2025
- Business
- Business Standard
Dynacons Systems & Solutions Ltd Falls 1.62%
Dynacons Systems & Solutions Ltd has lost 3.69% over last one month compared to 3.14% gain in BSE Information Technology index and 1.63% rise in the SENSEX Dynacons Systems & Solutions Ltd lost 1.62% today to trade at Rs 1075. The BSE Information Technology index is down 0.05% to quote at 38187.07. The index is up 3.14 % over last one month. Among the other constituents of the index, Tech Mahindra Ltd decreased 0.81% and Black Box Ltd lost 0.66% on the day. The BSE Information Technology index went up 5.12 % over last one year compared to the 5.35% surge in benchmark SENSEX. Dynacons Systems & Solutions Ltd has lost 3.69% over last one month compared to 3.14% gain in BSE Information Technology index and 1.63% rise in the SENSEX. On the BSE, 219 shares were traded in the counter so far compared with average daily volumes of 4641 shares in the past one month. The stock hit a record high of Rs 1730 on 26 Aug 2024. The stock hit a 52-week low of Rs 929.2 on 07 Apr 2025.
Business Standard
28-05-2025
- Business
- Business Standard
Black Box Ltd Surges 1.9%
Black Box Ltd has added 23.1% over last one month compared to 6.66% gain in BSE Information Technology index and 1.54% rise in the SENSEX Black Box Ltd gained 1.9% today to trade at Rs 486.35. The BSE Information Technology index is up 0.39% to quote at 37170.83. The index is up 6.66 % over last one month. Among the other constituents of the index, Zensar Technologies Ltd increased 1.54% and R Systems International Ltd added 1.28% on the day. The BSE Information Technology index went up 7.68 % over last one year compared to the 8.36% surge in benchmark SENSEX. Black Box Ltd has added 23.1% over last one month compared to 6.66% gain in BSE Information Technology index and 1.54% rise in the SENSEX. On the BSE, 7875 shares were traded in the counter so far compared with average daily volumes of 42886 shares in the past one month. The stock hit a record high of Rs 715.8 on 09 Dec 2024. The stock hit a 52-week low of Rs 218 on 05 Jun 2024.
Business Standard
24-04-2025
- Business
- Business Standard
Black Box record best-ever quarterly performance for FY25
Wins orders worth Rs 1,550 cr in Q4 Black Box announced its best-ever quarterly performance for the financial year 202425, achieving order wins totaling Rs 1,550 crore in Q4. The quarter was marked by several key victories, including a landmark Rs 240 crore order for a large-scale infrastructure modernization initiative with one of the United States' largest hospital networks. Additionally, Black Box secured over Rs 225 crore in data center service contracts with major global hyperscalers. The company also expanded its footprint in the transportation sector, winning over Rs 130 crore in new orders for airport modernization projects. In the education sector, Black Box was awarded a contract worth Rs 90 crore by a leading U.S.-based university. Further strengthening its position, Black Box secured significant orders outside of the U.S., with notable wins in the Asia-Pacific and Indian markets. These included a Rs 90 crore engagement with a major consumer electronics firm in APAC region, as well as two large deals in India, one in the telecommunications sector for 5G rollout by Indian telcos and another with one of the largest municipal corporations totalling Rs 180 crore. These wins highlight the company's continued strength in delivering high value digital infrastructure solutions across a broad spectrum of industries. We are seeing strong, sustained client demand for the modernization of IT and networking infrastructure to stay competitive in an increasingly digital-first world, said Sanjeev Verma, Whole Time Director, Black Box Ltd. This demand is fueled by the growing recognition that digital infrastructure is central to AI adoption and long-term business resilience. Verma added, This quarter's exceptional performance validates our strategic priorities and reinforces our commitment to disciplined execution. As we continue to innovate and enhance our global go-to-market capabilities, we are well-positioned to deliver lasting value to our clients and stakeholders.
