** Dynamic Cables DYNB.NS rises 6.5% to 351.65 rupees
** Wires and cables firm gets approval from Power Grid Corporation of India PGRD.NS for manufacturing, supply of conductors
** Co says, approval establishes its manufacturing plant as technically suitable for sale of conductors for power grid projects
** Adds, approval expected to enhance eligibility for participation in future grid projects
** YTD, DYNB shares down nearly 27%
(Reporting by Ananta Agarwal in Bengaluru)
((Ananta.Agarwal@thomsonreuters.com))