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1:1 Bonus Share Recommended: FII-Backed Cables Stock Jumps 62.15% In 30-Days

1:1 Bonus Share Recommended: FII-Backed Cables Stock Jumps 62.15% In 30-Days

Small cap company engaged in cables-electrical industry, Dynamic Cables share price today jumped 2.79% on Bombay Stock Exchange (BSE) to Rs 870.00 per share as Sensex slid 182.01 points to 81,451. Board of Directors of the company today approved bonus share in the ratio of 1:1 implying shareholders will be eligible to receive 1 bonus share for every one share held as on the record date. The record date for bonus issue is yet to be declared. Dynamic Cables stock price witnessed stunning rally of 62.15% in last 1-month only and soared 56.38% in last 1-year.

The companyโ€™s market cap stood at Rs 2,107.95 crore and return on equity is 16.44%. FII/FPI holdings plunged from 1.19% to 1.08% for March 2025 quarter. However, number of FII/FPI investors surged from 10 to 14 for quarter under review. It is worth noting that the company recommended a total of 8 dividends since 2018. Check more details below:

1:1 Bonus Share Recommended: FII-Backed Cables Stock Jumps 62.15% In 30-Days

Dynamic Cables Recommends Bonus Share

According to the exchange filing of Dynamic Cables dated May 30, 2025, โ€œConsidered and recommended issuance of Bonus Equity Shares be way of capitalization of securities premium, in the ratio of 1: 1 i.e. 1 (One) new fully paid-up equity of Rs. 10/- (Rupees Ten) each for every 1 (One) existing fully paid-up equity share of Rs. 10/- (Rupees Ten) each, to the eligible Shareholders of the Company as on the record date, subject to the approval of shareholders of the Company and other applicable regulatory and statutory approvals. Record Date to determine the eligible shareholders for Bonus Equity Shares shall be intimated in due course of time to the exchanges separately.โ€

Dynamic Cables Approves Increase In Authorized Share Capital

The BSE filing stated, โ€œConsidered and recommended the increase in Authorised Share Capital of the Company from Rs. 25,00,00,000/- (Rupees Twenty Five Crores Only) to Rs. 50,00,00,000/- (Rupees Fifty Crores Only) and consequent alteration of the Capital Clause (Clause V) of the Memorandum of Association of the Company, subject to the approval of shareholders of the Company and other applicable regulatory and statutory approvals.โ€

Dynamic Cables Shares Performance

The 52-week high of Dynamic Cables share price on BSE stood at Rs 1092.85 per share (as on 16/12/2024) and 52-week low price is Rs 460.90 per share (as on 07/04/2025), respectively. Dynamic Cables shares zoomed 53.02% in last 3-months, slid 10.69% year-to-date, and offered returns of 257.29% in last 2-years. In last 3-years, the stock gained 611.37% and offered massive returns of 3872.60% in last 5-years.

Dynamic Cables Q4FY25 Results

The company declared its profit after tax (PAT) at Rs 24 crore for Q4FY25, indicating a growth of 71% year-on-year. The companyโ€™s revenue for the quarter under considerations soared by 37% YoY to Rs 331 crore. Operating profit surged 35% YoY to Rs 34 crore for Q4FY25.

Mr. Ashish Mangal, Managing Director of Dynamic Cables Limited commented: โ€œFY2025 has been a breakthrough year for Dynamic Cables Limited wherein we crossed โ‚น1,000 crores revenue, a major milestone for all of us. We have continued our track record of consistent performance, and our operating profit has surpassed โ‚น100 crores for the first time. Further Our strong order book underlines the confidence our customers place in us and strengthens our market position.โ€

About

Dynamic Cables Ltd. is manufacturer of power infra cables that includes LV, HV, MV, Power control & instrumentation cables, and signaling cables. It supplies cables to Government Discoms, Private Distribution companies, Private EPC contractors, industrial and Export clients.

Disclaimer: The story highlights bonus share and should not be considered as investment advice by the Moneydaily.in or the Author.ย  Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.

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