DCL caters to all major players in the power segment with top 10 customers contributing ~60-65% of the revenue.
Dynamic Cables Ltd. is a manufacturer of power infra cables that includes LT, HT, EHVC, Power control & instrumentation cables, flexible & industrial cables, solar cables and railway signaling cables. It supplies cables to Government Discom, Private Distribution companies, Private EPC contractors, industrial and Export clients. Co. has 3 manufacturing plants situated at Jaipur and Reengus. Business operations are managed through a corporate office in Jaipur and 5 regional sales offices across India.
Good Fundamentals
Theres no future without power in it. And with the government focusing on power, dycl is placed with a good risk reward.
CMP 595
sl 570
target 775