Credit rating agency, ICRA has upgraded the long term rating for the captioned LOC of Dynamatic Technologies to ‘BBB+’. The agency has confirmed that the outlook on the long term rating is stable. The credit rating agency has reaffirmed the short term rating for the captioned line of credit at ‘A2’.
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.
