Small-Cap Stock Under Rs 1000: Record Date Fixed As July 11 For 1:1 Bonus Shares; A Sweet Treat For Traders?

With more than 37 years of expertise in the energy and power industry, Dynamic Cables is an Indian wire and cable producer and supplier. MV aerial bunched cables, fire survival cables, LV PVC cables, and other conductors are only a few of the company's many products. After the Board of Directors announced the record date for bonus shares, Dynamic Cables' stock closed Friday's trading session on the BSE 4.34% higher at Rs 983.85 a share, with a market capitalization of Rs 2,383.80 Cr.

Dynamic Cables Bonus Shares

"This is further to our intimation dated July 01, 2025, informing about the shareholders' approval obtained for issue of Bonus Shares in the ratio of 1:1 i.e, 1 (one) Bonus Equity Share of Rs. 10/- each for every 1 (One) existing fully paid-up Equity Share of Rs. 10/- each of the Company. In this regard, we wish to inform you that the pursuant to Regulation 42 of Listing Regulations, the Board of Directors of the Company has fixed Friday, July 11, 2025 as the Record Date for the purpose of determining the eligibility of equity shareholders, entitled for bonus equity shares of the Company," said Dynamic Cables in a stock exchange filing.

Dynamic Cables Bonus Shares Eligibility

Investors must be shareholders of the firm as of the record date, which has been set as Friday, July 11, 2025, in accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, in order to be eligible for this bonus issue. Without making any further investments, an investor who owns 100 shares of Dynamic Cables on the Record Date will have an additional 100 bonus shares credited to their account, increasing his or her entire shareholding to 200 shares.

Dynamic Cables Share Price Target

"Dynamic Cables stock price is bearish on the Daily charts with strong resistance at 965. A Daily close below support of 891 could lead to a target of 823 in the near term," commented A R Ramachandran, independent research analyst.

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