Dynamatic jumps on completing First Front Fuselage FOC Configuration for HAL

03 Nov 2020 Evaluate

Dynamatic Technologies is currently trading at Rs. 670.45, up by 13.50 points or 2.05% from its previous closing of Rs. 656.95 on the BSE.

The scrip opened at Rs. 670.05 and has touched a high and low of Rs. 675.00 and Rs. 666.90 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1285.60 on 05-Feb-2020 and a 52 week low of Rs. 424.05 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 682.45 and Rs. 655.50 respectively. The current market cap of the company is Rs. 425.16 crore.

The promoters holding in the company stood at 48.78%, while Institutions and Non-Institutions held 19.72% and 31.50% respectively.

Dynamatic Technologies has built the first front fuselage for the Final Operation Clearance (FOC) version of the Tejas Light Combat Aircraft (LCA). This is the first time a complex fuselage section for a supersonic fighter aircraft has been built by a private sector company. The company has been a preferred production partner for Hindustan Aeronautics (HAL) for over three decades on all their major platforms.

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.

Dynamatic Tech Share Price

7458.05 74.55 (1.01%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
KSB 3840.00
Elgi Equipments 600.10
Dynamatic Tech 7458.05
Kirloskar Pneumatic 712.00
Ingersoll Rand 3621.10
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