Jaipur (Rajasthan) [India], November 14 (ANI/PNN): Dynamic Cables Limited (DCL), a Jaipur based power cable manufacturer announced its result for Q2FY23. Company reported a sale of Rs 173.4 crs, a healthy growth of 30% yoy. In the quarter gone by Company received major breakthrough in its MVCC product and upgradation in RDSO vendor category which will play important role in driving growth of the company. The profits of the company were flat sequentially at Rs.7.2 crs despite a challenging environment due to high volatility in key raw material prices and step-up investment in product development. The management has guided bottoming of operating margins and improvement in profitability going forward.
Jaipur (Rajasthan) [India], July 26 (ANI/PNN): In a bid to continue its commitment to the stakeholders of the company, Dynamic Cables Ltd (DCL), a Jaipur-based wire and cables manufacturer, has announced listing approval of its equity shares on the National Stock Exchange. Company shares are presently listed on the Bombay Stock Exchange (Scrip code: 540795). The company was listed on BSE SME Exchange through its IPO in Dec 2017 and migrated to the main board on October 1, 2020. Investors have earned a 3.7x return from its IPO price of Rs 40/- per share, calculated on the closing price of July 25, 2022.
Rajasthan [India], June 21 (ANI/PNN): In a bid to continue its commitment towards the purpose of giving back to the community, Dynamic Cables Ltd (DCL), a Jaipur-based listed company under its CSR initiative, has supported the up-gradation of school infrastructure in Mahatma Gandhi Government School, Government Senior Secondary School and Vandan Institute of Rehabilitation and Research. They have helped in the construction of School Blocks, Hostel Facility, Classrooms and Toilets and also provided other essential assets to these schools situated in Jaipur and Ajmer.
\
\
\
\
\
\
