Market Performance
Dynamic Cables share price surged 20% to Rs 480 on Wednesday, August 20, 2025, hitting the upper circuit limit on the stock exchanges. The sharp rise came after the company received fresh approvals from the Bureau of Indian Standards (BIS) and announced an increase in its production capacity.
Trading activity also spiked significantly, with 49 lakh shares exchanging hands during the session. This was much higher compared to the one-week and one-month average of just 1 lakh shares.
Despite today’s rally, Dynamic Cables shares remain down 1% year-to-date.
Main News: BIS Nod and Product Expansion
In its regulatory filing, Dynamic Cables Ltd confirmed it has secured BIS licenses to manufacture:
- High-conductivity aluminium alloy stranded conductors
- Thermosetting insulated armoured fire survival cables
These specialized cables are designed to resist smoke and corrosive gases during fire and are rated for voltages up to 1,100 V AC and 1,500 V DC. The approvals will stay valid until August 2026.
Company Details and Capacity Boost
The company also revealed it has completed incremental capex at its existing plant over the last six months. This expansion has pushed its monthly revenue potential to Rs 135 crore, up from the earlier estimate of Rs 100 crore.
However, the actual revenue realization will depend on order inflows, delivery schedules, and product mix.
As per the June quarter shareholding data:
- Promoters hold 68.18% stake
- Retail investors (up to Rs 2 lakh investment) own nearly 19%
- The company has minimal institutional investor presence
Summary
The sharp jump in Dynamic Cables share price on August 20 was fueled by two major triggers — the BIS approval for new products and a capacity expansion that enhances revenue potential. The surge also came with unusually high trading volumes, highlighting strong investor participation.
While the stock has gained momentum today, it remains marginally lower on a year-to-date basis (-1%).
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