DYNAMIC CABLES LTD.
NSE : DYCLBSE : 540795ISIN
CODE : INE600Y01019Industry : CableHouse
: Private
BSE572.3512.05 (+2.15 % )
PREV CLOSE (Rs.) 560.30
OPEN PRICE (Rs.) 551.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 6336
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE572.75 14.85 (+2.66 % )
PREV CLOSE(Rs.) 557.90
OPEN PRICE (Rs.) 558.95
BID PRICE (QTY) 572.75 (318 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 50813
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 10-May-2024 | Allotment of Equity Shares | Preferential Issue of shares & Increase in Authorised Capital |
| 11-Apr-2024 | Dynamic Cables informs about PCS certificate | <div>Dynamic Cables has informed that it enclosed Certificate from Practicing Company Secretary under Regulation 40 of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 for the year ended March 31, 2024 received from V.M. & Associates, Practicing Company Secretaries.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 30-Jan-2024 | Dynamic Cables informs about board meeting | <div style="text-align: justify;">Dynamic Cables has informed that the meeting of the Board of Directors of the Company is scheduled on 05/02/2024, to consider and approve the Un-audited Financial Results of the Company for the quarter and nine months ended on December 31, 2023, and to take on record Limited Review Report thereon pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 12-Dec-2023 | Dynamic Cables informs about disclosure | <div style="text-align: justify;">Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule Ill of SEBI Listing Regulations, Dynamic Cables has submitted the details of Orders issued to the Company by the Office of the Assistant Commissioner, Central Goods & Services Tax, Division -A, Jaipur and Superintendent, Central Goods & Services Tax, Range-II, Division-A, Jaipur. The details as required under SEBI Listing Regulations read with Circular no. SEBI/HO/CFD/CFD-PoD1/P-CIR/2023/123 dated July 13, 2023 are enclosed as Annexure A. The above information will also be made available on the Company's website at www.dynamiccables.co.in<span style="white-space: pre;"> </span></div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 17-Oct-2023 | Dynamic Cables starts commercial production of additional capacity in Rajasthan | <p style="text-align: justify;">Dynamic Cables has commenced the commercial production of its additional capacity under the expansion plan at plant situated at SKS Industrial Area, Reengus, Tehsil Shree Madhopur, Rajasthan with effect from October 16, 2023 which will increase the annual capacity by up to 5,000 KMS of cables and speciality conductors. The additional capacity is expected to cater to the rising demand for the Company's products. </p><p style="text-align: justify;">Dynamic Cables is engaged in manufacturing of Cables and Conductors. Its manufacturing facilities are distributed in three units located in Jaipur in Rajasthan.</p> |
| 17-Oct-2023 | Dynamic Cables rises on starting commercial production of additional capacity in Rajasthan | <p style="text-align: justify;">Dynamic Cables is currently trading at Rs. 480.00, up by 2.60 points or 0.54% from its previous closing of Rs. 477.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 477.50 and has touched a high and low of Rs. 490.00 and Rs. 477.50 respectively. So far 2293 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 615.65 on 07-Aug-2023 and a 52 week low of Rs. 155.00 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 499.50 and Rs. 436.00 respectively. The current market cap of the company is Rs. 1063.28 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 74.44%, while Institutions and Non-Institutions held 0.35% and 25.21% respectively.</p><p style="text-align: justify;">Dynamic Cables has commenced the commercial production of its additional capacity under the expansion plan at plant situated at SKS Industrial Area, Reengus, Tehsil Shree Madhopur, Rajasthan with effect from October 16, 2023 which will increase the annual capacity by up to 5,000 KMS of cables and speciality conductors. The additional capacity is expected to cater to the rising demand for the Company's products. </p><p style="text-align: justify;">Dynamic Cables is engaged in manufacturing of Cables and Conductors. Its manufacturing facilities are distributed in three units located in Jaipur in Rajasthan.</p> |
| 11-Oct-2023 | Dynamic Cables receives LoA worth of Rs 95.91 crore from Northern Railway | <p style="text-align: justify;">Dynamic Cables (DCL) has received Letter of Acceptance (LoA) from Northern Railway for supply of PVC Insulated Armored Unscreened Underground, Railway Signaling Copper Conductor Cables worth Rs. 95.91 Crores (including GST).</p><p style="text-align: justify;">The delivery of the said order is scheduled to be within six months. This order marks a significant stepping stone for Dynamic Cables in its railway signaling business segment, reaffirming the company's position as a trusted partner in providing power cables for critical railway infrastructure. This order underscores the company's commitment to deliver high-quality solutions, maintaining long-term partnerships, and contributing to the advancement of the nation's transportation sector. </p><p style="text-align: justify;">Dynamic Cables is engaged in manufacturing of Cables and Conductors. Its manufacturing facilities are distributed in three units located in Jaipur in Rajasthan. </p><div style="text-align: justify;"><br></div> |
| 11-Oct-2023 | Dynamic Cables touches roof on receiving LoA worth of Rs 95.91 crore from Northern Railway | <p style="text-align: justify;">Dynamic Cables is currently trading at its upper limit of Rs. 457.15, up by 21.75 points or 5.00% from its previous closing of Rs. 435.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 436.75 and has touched a high and low of Rs. 457.15 and Rs. 436.00 respectively. So far 10294 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 615.65 on 07-Aug-2023 and a 52 week low of Rs. 155.00 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 457.15 and Rs. 412.30 respectively. The current market cap of the company is Rs. 1006.37 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 74.44%, while Institutions and Non-Institutions held 0.35% and 25.21% respectively.<br><br>Dynamic Cables (DCL) has received Letter of Acceptance (LoA) from Northern Railway for supply of PVC Insulated Armored Unscreened Underground, Railway Signaling Copper Conductor Cables worth Rs. 95.91 Crores (including GST).</p><p style="text-align: justify;">The delivery of the said order is scheduled to be within six months. This order marks a significant stepping stone for Dynamic Cables in its railway signaling business segment, reaffirming the company's position as a trusted partner in providing power cables for critical railway infrastructure. This order underscores the company's commitment to deliver high-quality solutions, maintaining long-term partnerships, and contributing to the advancement of the nation's transportation sector. </p><p style="text-align: justify;">Dynamic Cables is engaged in manufacturing of Cables and Conductors. Its manufacturing facilities are distributed in three units located in Jaipur in Rajasthan.</p><div style="text-align: justify;"><br></div> |
| 12-Sep-2023 | Dynamic Cables trades marginally higher on BSE | <p style="text-align: justify;">Dynamic Cables is currently trading at Rs. 495.00, up by 0.15 points or 0.03% from its previous closing of Rs. 494.85 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 518.80 and has touched a high and low of Rs. 519.55 and Rs. 480.00 respectively. So far 12963 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 615.65 on 07-Aug-2023 and a 52 week low of Rs. 131.15 on 28-Sep-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 519.55 and Rs. 454.50 respectively. The current market cap of the company is Rs. 1116.11 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 74.44%, while Institutions and Non-Institutions held 0.35% and 25.21% respectively.</p><p style="text-align: justify;">Dynamic Cables has received approval for an expansion plan of the Plant situated at A-129, A-129A, A-130, SKS Industrial Area, Reengus, Tehsil Shree Madhopur,</p><p style="text-align: justify;">Rajasthan. As the company manufactures different variety of cables, the plant capacity varies depending upon the product specifications. Given this, management estimates that upto 20,000 KMS of various HT, LT cables and speciality conductors can be produced annually at its Reengus plant.</p><p style="text-align: justify;">The proposed expansion at its Reengus plant will increase the annual capacity by up to 5,000 KMS of cables and speciality conductors depending upon their specifications. The said expansion is expected to be completed in FY 2023-24 and required investment is upto Rs 25 crore. The Capacity is being added for new customer orders in the normal course of business. The Board of Directors at their meeting held on September 09, 2023 has considered and approved the same.</p><p style="text-align: justify;">The company has also received approval for purchase of land admeasuring 25091.00 sq. meters from Shiv Kripa Pipes (Related Party of the Company) situated at Plot No A-129, A-129A, A-130 SKS Industrial Area, Reengus, District Sikar (Rajasthan). </p><p style="text-align: justify;">Dynamic Cables is engaged in manufacturing of Cables and Conductors. Its manufacturing facilities are distributed in three units located in Jaipur in Rajasthan.</p><div style="text-align: justify;"><br></div> |
| 11-Sep-2023 | Dynamic Cables gets nod to expand Reengus plant capacity | <p style="text-align: justify;">Dynamic Cables has received approval for an expansion plan of the Plant situated at A-129, A-129A, A-130, SKS Industrial Area, Reengus, Tehsil Shree Madhopur, Rajasthan. As the company manufactures different variety of cables, the plant capacity varies depending upon the product specifications. Given this, management estimates that upto 20,000 KMS of various HT, LT cables and speciality conductors can be produced annually at its Reengus plant.</p><p style="text-align: justify;">The proposed expansion at its Reengus plant will increase the annual capacity by up to 5,000 KMS of cables and speciality conductors depending upon their specifications. The said expansion is expected to be completed in FY 2023-24 and required investment is upto Rs 25 crore. The Capacity is being added for new customer orders in the normal course of business. The Board of Directors at their meeting held on September 09, 2023 has considered and approved the same.</p><p style="text-align: justify;">The company has also received approval for purchase of land admeasuring 25091.00 sq. meters from Shiv Kripa Pipes (Related Party of the Company) situated at Plot No A-129, A-129A, A-130 SKS Industrial Area, Reengus, District Sikar (Rajasthan). </p><p style="text-align: justify;">Dynamic Cables is engaged in manufacturing of Cables and Conductors. Its manufacturing facilities are distributed in three units located in Jaipur in Rajasthan. </p> |
