First-Time 1:1 Bonus Issue by Cable Stock; Record Date Out, Shares Up 92% from 52-Week Low

Dynamic Cables Limited today announced the record date for the previously announced bonus issue in the ratio of 1:1, meaning shareholders will receive one bonus equity share for every one share held. The small cap company operating in the consumer durable sector confirmed that the record date to determine eligible shareholders is set for Friday, July 11.

Bonus Issue Details

This is the first time ever that the firm has announced a bonus issue. The company in its exchange filing announced "This is further to our intimation dated July O 1, 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 pursuant to Regulation 42 of Listing Regulations, the Board of Directors of the Company has fixed Friday,July 1, 2025 as the Record Date for the purpose of determining the eligibility of equity shareholders, entitled for bonus equity shares of the Company."

Dynamic Cables Ltd Share

As of July 2, shares of Dynamic Cables Limited closed at Rs.894.60, declining by 20.75 points or 2.27% for the day. The stock has fallen 6.27% over the past five trading sessions, despite posting gains of 4.77% in the last month.

Dynamic Cables shares have delivered a 14.49% return over the past six months and an impressive 54.16% gain in the last year. The company has a market capitalisation of Rs. 2,170 crore as of July 2nd. The stock has a 52-week high of Rs. 1095 and a 52-week low of Rs. 455.

Financial results

Dynamic Cables Ltd delivered a strong performance in Q4 FY25, with net profit rising by 71.09% year-on-year to Rs. 23.56 crore, compared to Rs. 13.77 crore in the same quarter last year. The company's net sales surged 37.41% to Rs 331.17 crore from Rs 241.90 crore, driven by robust demand and execution strength. Earnings per share (EPS) also increased significantly by 55.4%, reaching Rs 9.73 against Rs 6.26 in Q4 FY24.

About Dynamic Cables Ltd.

Dynamic Cables operates in the power and infrastructure space, primarily manufacturing and supplying power cables to utilities, infrastructure developers, and industrial customers. With a growing client base and strong financials, the company is emerging as a small-cap player in India's expanding power sector.

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