New Delhi, Aug. 20 -- Dynamic Cables saw its shares hit the 20% upper circuit at Rs.480 apiece in Wednesday's trading session, August 20, after the Bureau of Indian Standards (BIS), the National Standards Body of India, granted the company a license to manufacture high-conductivity aluminium alloy stranded conductors and thermosetting insulated armoured fire survival cables.

"The BIS license will enable us to manufacture and test high-conductivity aluminium alloy stranded conductors and thermosetting insulated armoured fire survival cables, while ensuring that the products meet the required quality standards," the company said in its Wednesday filing.

The licenses are valid until August 9, 2026, and August 12, 2026, respectively. The co...