Shares of Dynamic Cables, one of the leading wire and cable manufacturing companies, have given handsome returns to investors in just 3 years. Shares of Dynamic Cables rose by about 5% to Rs 622.15 on Wednesday, May 15. Shares of Dynamic Cables made a new 52-week high on Wednesday. The shares of the company have increased from Rs 26 to Rs 620 in the last 3 years. Shares of Dynamic Cables have given returns of more than 2200% to investors during this period.
Made more than Rs 23 lakh from Rs 1 lakh
Shares of Dynamic Cables were at Rs 26.10 on May 14, 2021. Shares of Multibagger Company have reached Rs 622.15 on 15 May 2024. Shares of Dynamic Cables have given returns of more than 2230% to investors in the last 3 years. If a person had invested Rs 1 lakh in the shares of Dynamic Cables on May 14, 2021 i.e. 3 years ago and had maintained his investment, then the value of these shares at present would have been around Rs 23.17 lakh.
This share remained a record for 4 consecutive days, price increased from ₹ 106 to ₹ 312.
Shares rose by more than 215% in one year
Dynamic Cables shares have also seen a tremendous rise in the last one year. The company’s shares have risen by more than 215% in the last one year. Shares of Dynamic Cables were at Rs 192.45 on May 16, 2023. The shares of the company have reached Rs 622.15 on 15 May 2024. At the same time, in the last 6 months, the shares of the wire and cable manufacturing company have seen a rise of 45 percent. The shares of the company have increased from Rs 430.10 to Rs 622.15 in the last 6 months. The 52-week low level of the company’s shares is Rs 188. Promoters’ stake in Dynamic Cables is 74.47%, while public shareholding is 25.53%.
Investors are exiting by selling this share, the company has released quarterly results
