Dynamic Cables Limited shares surged more than 15% today after the company announced two major updates — regulatory approvals from the Bureau of Indian Standards (BIS) and a significant upgrade in its production capacity. As of 9:26 AM, the shares were trading 15.45% higher at Rs 461.80.
In an exchange filing under Regulation 30 of SEBI Listing Regulations, the company informed that BIS, the National Standards Body of India, has granted licenses to manufacture High Conductivity Aluminium Alloy Stranded Conductors and Thermosetting Insulated Armoured Fire Survival Cables. These products are covered under IS No. 398: Part 6: 2021 and IS No. 17505: Part 1: 2021, valid till August 2026. The licenses are expected to strengthen the company’s product portfolio while ensuring compliance with high-quality standards.
Alongside the license approval, Dynamic Cables also announced a capacity reassessment. Following debottlenecking measures and incremental capex at its Jaipur facility over the past six months, the company now estimates that its production capacity can support turnover of up to ₹135 crore per month, compared to the earlier assessment of ₹100 crore per month. Management clarified that the actual utilization of this capacity will depend on product mix, customer orders, and delivery schedules.
The dual update — regulatory clearance from BIS and an improved production outlook — has boosted investor sentiment, leading to a sharp rally in the stock price.
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