Rs 734 Crore Order Book: Multibagger Cable Stock Locked in 20% Upper Circuit Because…….

DSIJ Intelligence-1 / 20 Aug 2025/ Categories: Multibaggers, Trending

Rs 734 Crore Order Book: Multibagger Cable Stock Locked in 20% Upper Circuit Because…….

The stock gave multibagger returns of 550 per cent in just 3 years and over 3,700 per cent returns in 5 years.

On Wednesday, one of the Top Gainers on BSE, shares of Dynamic Cables Limited, hit a 20 per cent upper circuit to Rs 479.85 per share from its previous closing of Rs 399.90 per share. The stock’s 52-week high is Rs 546.43 and its 52-week low is Rs 230.45 per share. The shares of the company saw a spurt in volume by more than 26.5 times on the BSE.

Dynamic Cables Ltd. has secured two significant licenses from the Bureau of Indian Standards (BIS), the National Standards Body of the Government of India. The first license, under IS No. 398: PART 6: 2021 (Registration No. CM\L 8400294317), permits the manufacture of high-conductivity aluminium alloy stranded conductors, valid until August 9, 2026. The second, under IS No. 17505: PART 1: 2021 (Registration No. CM/L 8400294814), allows the production of thermosetting insulated armoured fire survival cables for fixed installations with low smoke and corrosive gas emissions, for working voltages up to and including 1100 V ac and 1500 V dc, valid until August 12, 2026. These BIS approvals confirm the company's adherence to national quality standards, enhancing its product credibility and market standing.

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Secondly, following recent debottlenecking initiatives and incremental capital expenditure at its existing plant over the last six months, Dynamic Cables Ltd. has reassessed its production capacity. The company's management now estimates that its production capabilities can support a turnover of up to Rs. 135 Crores per month, a notable increase from the previous assessment of up to Rs. 100 Crores. The actual realisation of this revenue potential will depend on factors such as product mix, current orders, and delivery schedules, which can fluctuate monthly.

On Friday, July 11, 2025, the shares of the company ex-traded a 1:1 bonus share issue. This means that for every one fully paid-up equity share of Rs 10 held, eligible shareholders will receive one additional fully paid-up bonus equity share of Rs 10.

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About the Company

Dynamic Cables Ltd (DCL) is the manufacturer of power infra cables, including solar power cables that include LV, HV, MV, Power control & instrumentation cables and signalling cables. It supplies cables to Government Discoms, Private Distribution companies, Private EPC contractors, industrial and export clients. The company has 3 manufacturing plants situated at Jaipur and Reengus. Business operations are managed through a corporate office in Jaipur and 5 regional sales offices across India.

According to Quarterly Results, the net sales increased by 25 per cent to Rs 262 crore and net profit increased by 50 per cent to Rs 18 crore in Q1FY26 compared to Q1FY25. In its annual results, the net sales increased by 34 per cent to Rs 1,025.4 crore and net profit increased by 72 per cent to Rs 64.8 crore in FY25 compared to FY24. The company has an order book worth Rs 734 crore.

The company has a market cap of over Rs 2,300 crore with a 5-year stock price CAGR of 80 per cent. The stock gave multibagger returns of 550 per cent in just 3 years and over 3,700 per cent returns in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.