Home / BUSINESS / Dynamic Cables soars on securing two orders worth Rs 32 crore from EPC Company

Dynamic Cables soars on securing two orders worth Rs 32 crore from EPC Company

Dynamic Cables is currently trading at Rs. 27.00, up by 1.00 points or 3.85% from its previous closing of Rs. 26.00 on the BSE.

The scrip opened at Rs. 28.00 and has touched a high and low of Rs. 28.00 and Rs. 27.00 respectively. So far 6000 shares were traded on the counter.

The BSE group ‘M’ stock of face value Rs. 10 has touched a 52 week high of Rs. 46.50 on 22-May-2018 and a 52 week low of Rs. 21.00 on 12-Apr-2019.

Last one week high and low of the scrip stood at Rs. 28.00 and Rs. 26.00 respectively. The current market cap of the company is Rs. 59.44 crore.

The promoters holding in the company stood at 74.04%, while Institutions and Non-Institutions held 0.01% and 25.95% respectively.

Dynamic Cables has bagged two orders worth Rs 32 crore from one of the largest domestic EPC Company of India, for manufacturing and supply of HV & LV cables in the next nine months period.

Dynamic Cables is India’s Leading manufacturer of cables and conductors and has grown into one of the leading manufacturers and suppliers of MV and LV Aerial Bunched Cables, MV & LV XLPE Power Cables, LV PVC Power & Control Cables & ACSR /AAA/AA Conductors used for transmission and distribution of Electricity.

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