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Dynamatic Technologies planning to demerge auto divisions

23 Feb 2018 Evaluate

Dynamatic Technologies is planning to demerge its auto divisions. The board of directors of the company will meet on February 28, 2018 to consider, deliberate and approve the same. The move to de-merge the auto divisions of the company is in further to the direction of the board at its meeting held on August 9, 2017.

Dynamatic Technologies is the largest producer of Hydraulic Gear Pumps in Asia and one of the top five worldwide. The company designs and builds highly engineered products for Automotive, Aeronautic, Hydraulic and Security applications.

Peers
Company Name CMP
Kirloskar Brothers 1775.45
Elgi Equipments 611.60
Shakti Pumps (India) 470.25
KSB 803.00
Oswal Pumps 279.30
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