Citigroup Global Markets Mauritius has sold 3 lakh shares of Dynamatic Technologies through the open market route. The shares were sold on an average price of Rs 3616.68 valuing the transaction to Rs 108.50 crore.
On the other hand, Goldman Sachs India Fund has bought 1.57 lakh shares in the company for an average price of Rs 3550, through open market route valuing the transaction at Rs 55.79 crore. Furthermore, HDFC Prudence Fund has also bought 1.30 lakh shares of the company for Rs 48.40 crore.
Dynamatic Technologies is engaged in the activity of manufacturing hydraulic gear pumps. It is also engaged in manufacturing a variety of advanced hydraulic valves, hydraulic pumping units, custom-made hydraulic solutions, marine power packs, turnkey industrial instrumentation, and complicated aircraft ground-support systems.
