1:1 Bonus Share; Record Date-July 11, 2025 & Rs 725.60 Crore Order Book: Multibagger Solar Cable Stock Jumps Over 8% with Heavy Volume
The stock gave multibagger returns of 810 per cent in just 3 years and over 3,200 per cent returns in 5 years.
On Thursday, one of the Top Gainers on BSE, shares of Dynamic Cables Limited, jumped 8.2 per cent to Rs 966.15 per share from its previous closing of Rs 893.10 per share. The stock’s 52-week high is Rs 1,092.85 and its 52-week low is Rs 460.90 per share.
Dynamic Cables Ltd. has set Friday, July 11, 2025, as the record date for its recently approved 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. The company had previously informed the public on July 1, 2025, about obtaining shareholder approval for this bonus issue, and the record date has now been officially determined by SEBI Listing Regulations.
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.
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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 2,300 crore with a 5-year stock price CAGR of 80 per cent. The stock gave multibagger returns of 810 per cent in just 3 years and over 3,200 per cent returns in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.