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Dynamatic Technologies gains on bagging contract for manufacturing assemblies for Boeing’s newest tactical fighter

17 Sep 2021 Evaluate

Dynamatic Technologies is currently trading at Rs. 3080.15, up by 56.05 points or 1.85% from its previous closing of Rs. 3024.10 on the BSE.

The scrip opened at Rs. 3056.00 and has touched a high and low of Rs. 3135.00 and Rs. 2772.00 respectively. So far 15501 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3447.85 on 13-Sep-2021 and a 52 week low of Rs. 650.45 on 19-Oct-2020.

Last one week high and low of the scrip stood at Rs. 3447.85 and Rs. 2772.00 respectively. The current market cap of the company is Rs. 1952.44 crore.

The promoters holding in the company stood at 48.78%, while Institutions and Non-Institutions held 18.64% and 32.59% respectively.

Dynamatic Technologies has been awarded a contract for manufacturing assemblies for Boeing’s newest tactical fighter, F-15EX Eagle II. This is a first where aerostructures for the latest and most advanced F-15EX Eagle II will be made in India.

This contract has given a boost to the Aatmanirbhar program and strengthens US-India collaboration on aerospace and defence industrialisation. Dynamatic Technologies will supply the F-15EX aerostructure assembly requirements from FY 2022. Dynamatic will manufacture these aerostructures from their manufacturing facility in Bengaluru, Karnataka.

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

10152.85 -175.60 (-1.70%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1737.10
KSB 980.30
Shakti Pumps (I) 555.20
Elgi Equipments 552.10
Kirloskar Pneumatic 1366.05
View more..

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