Rs 725.60 Crore Order Book: Solar Cable Stock Locked in 20 Per Cent Upper Circuit with Heavy Volume After Announcing Stellar Results & Re 0.50/Share Dividend

The stock gave multibagger returns of 290 per cent in just 2 years and over 3,200 per cent returns in 5 years.

On Tuesday, one of the Top Gainers on BSE, shares of Dynamic Cables Limited, were locked in a 20 per cent upper circuit to Rs 735.10 per share from its previous closing of Rs 612.60. The shares of the company saw a spurt in volume by more than 13 times on the BSE.

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 37 per cent to Rs 331.2 crore and net profit increased by 71 per cent to Rs 23.6 crore in Q4FY25 compared to Q4FY24. 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 725.60 crore.

For the fiscal year 2025, the company achieved a Return on Capital Employed (ROCE) of 26.4 per cent and a Return on Equity (ROE) of 22.1 per cent. Notably, the company significantly reduced its net debt to Rs 52.3 crore in FY25 from Rs 149.80 crore in the previous fiscal year. The company has a market cap of over Rs 1,700 crore with a 5-year stock price CAGR of 80 per cent. The stock gave multibagger returns of 290 per cent in just 2 years and over 3,200 per cent returns in 5 years.

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