Allied Digital Services Ltd, Johnson Controls-Hitachi Air Condition. India Ltd, Dynamic Cables Ltd and Protean eGov Technologies Ltd are among the other losers in the BSE’s ‘B’ group today, 31 July 2024.

Damodar Industries Ltd leads losers in ‘B’ group

Dynamic Cables standalone net profit rises 1.93% in the June 2024 quarter

Dynamic Cables Ltd’s share price rose 10.10% after reporting 58% profit increase for Q2 2023. Revenues up 14% to ₹181.27 crore. Profits 14% higher than previous quarter. Shares at ₹534 on BSE.

Dynamic Cables shares surge after Q1 results

Multibagger stock: Dynamic Cables shares, which closed at Rs 27.50 on July 10, 2020 ended at Rs 353 on BSE in the last session, translating into a gain of 1,183.63 per cent during the period.

Rs 27 to Rs 353: This electrical stock turned into a multibagger in three years, trading near 52-week high

Dynamic Cables on Tuesday said its consolidated net profit climbed a 17.92 per cent to around Rs 10 crore during the quarter ended March 31, boosted by higher income.

Dynamic Cables Q4 profit up 18% to Rs 10 cr, income grows to Rs 179.60 cr

Ashish Mangal, Managing Director of Dynamic Cables, said, “We are all humbled by this opportunity and are committed to deliver greater value to our stakeholders by developing innovative solutions for our customers and investing in people and technology.”

This multibagger stock to list on NSE on Wednesday; stock rises 3%

Dynamic Cables Standalone December 2021 Net Sales At Rs 143.10 Crore, Up 62.02% Y-o-Y

Intrasoft Technologies Ltd, Ashapura Minechem Ltd, Rajdarshan Industries Ltd and Dynamic Cables Ltd are among the other losers in the BSE’s ‘B’ group today, 14 September 2021.

Gala Global Products Ltd leads losers in ‘B’ group

Sumer Singh Punia has total work experience in the field of taxation is 25 years.

Dynamic Cables appoints Sumer Singh Punia as Additional Director; Stock spurts 5%

Dynamic Cables Standalone June 2021 Net Sales At Rs 114.49 Crore, Up 0% Y-o-Y

The company’s operating revenue grew 58% to Rs139.2cr in Q4FY21 compared to Rs88.3cr in Q3FY21.

Dynamic Cables Q4 PAT registers multi-fold sequential growth to Rs5.4cr; Stock gains over 2%

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Dynamic Cables is engaged in the manufacturing and supply of power and infrastructure cables.