{"id":111610,"date":"2023-10-11T15:51:41","date_gmt":"2023-10-11T10:21:41","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111610"},"modified":"2023-10-11T15:52:08","modified_gmt":"2023-10-11T10:22:08","slug":"cable-stock-hits-5-upper-circuit-after-it-bags-orders-worth-96-cr-from-northern-railways","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/cable-stock-hits-5-upper-circuit-after-it-bags-orders-worth-96-cr-from-northern-railways\/","title":{"rendered":"Cable stock hits 5% upper circuit after it bags orders worth \u20b9 96 Cr\u00a0from Northern Railways"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2931560849\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Micro-cap stock that is into manufacturing of power infra cables hits 5% upper circuit after it bags orders worth 96 Cr from Northern Railways for supply of PVC Cables.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-784404990\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 10:42 a.m the shares of Dynamic Cables hit its upper circuit price of Rs. 452.65 a piece, and the market capitalization of the company is 996.46 Cr.&nbsp;<\/p><p>As per the company\u2019s filing, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DYCL\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Dynamic Cables<\/a><\/strong> receives orders worth Rs. 95.91 Cr from Northern Railways for supply of PVC Insulated Armored Unscreened Underground, Railway Signalling Copper Conductor Cables, this order is scheduled to be delivered within six months.&nbsp;<\/p><p>The company&#8217;s revenue increased by 18.64 percent from 563.57 Cr in FY22 to 668.63 Cr in FY23, accompanied by increasing profits of 30.9 Cr to 31.01 Cr.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-550687610\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company has reported a return on equity (ROE) of 19.08 percent and return on capital employed (ROCE) 23.97 percent, this indicates that the company is making good returns on its equity and is making effective utilisation of the company\u2019s resources.&nbsp;<\/p><p>Dynamic Cables Limited is a manufacturer of power infra cables that includes LV, HV, MV, EHV, Power control &amp; instrumentation cables, and signalling cables. It supplies cables to Government Discoms, Private Distribution companies, Private EPC contractors, industrial and Export clients.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2390070262\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Micro-cap stock that is into manufacturing of power infra cables hits 5% upper circuit after it bags orders worth 96 Cr from Northern Railways for supply of PVC Cables.\u00a0 At 10:42 a.m the shares of Dynamic Cables hit its upper circuit price of Rs. 452.65 a piece, and the market capitalization of the company is [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":105330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[10480,13065,10479,948,936,10481],"class_list":["post-111610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-dynamic-cables-latest-news","tag-dynamic-cables-latest-order","tag-dynamic-cables-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-dynamic-cables-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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