New Delhi, May 12 -- Multibagger small-cap stock Dynamic Cables plunged 20% to Rs.325 apiece in Tuesday's trade on 12 May as investors reacted negatively to the company's March quarter performance, which was announced today.
Tuesday's crash also marked the stock's biggest single-day decline in recent times, dragging it to its lowest level since mid-April.
For the March-ended quarter, the company reported a modest 3% year-on-year (YoY) growth in net profit at Rs.24 crore, while revenue from operations stood at Rs.356 crore, reflecting a 7% improvement compared to the same period last year.
For the full financial year 2025-26, the company posted a 17% YoY growth in revenue at Rs.1,198 crore, while net profit rose 30% YoY to Rs.84 crore f...
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