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Dynamatic Technologies shines on inking long-term contract with Dassault Aviation

18 Jan 2024 Evaluate

Dynamatic Technologies is currently trading at Rs. 5724.85, up by 478.05 points or 9.11% from its previous closing of Rs. 5246.80 on the BSE.

The scrip opened at Rs. 5200.00 and has touched a high and low of Rs. 5950.15 and Rs. 5128.65 respectively. So far 5498 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 5950.15 on 18-Jan-2024 and a 52 week low of Rs. 2303.40 on 27-Jan-2023.

Last one week high and low of the scrip stood at Rs. 5950.15 and Rs. 5128.65 respectively. The current market cap of the company is Rs. 3931.94 crore.

The promoters holding in the company stood at 41.87%, while Institutions and Non-Institutions held 27.69% and 30.45% respectively.

Dynamatic Technologies has signed a long-term contract with Dassault Aviation, a world-renowned aerospace manufacturer, for the manufacturing and assembly of flight-critical aero structures for the Falcon 6X. As part of the Make in India initiative, Dynamatic Technologies will leverage its expertise in precision engineering and state-of-the-art facilities to manufacture and assemble critical aero structures for Dassault's flagship Falcon 6X aircraft under this agreement. 

This collaboration further strengthens the partnership between the two companies, while showcasing Dynamatic's position as a preferred supplier of aero structures in the aerospace industry, promoting the growth of indigenous manufacturing in India. The Falcon 6X, is a highly advanced business jet that combines unrivaled comfort with exceptional performance.

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

10328.45 5.30 (0.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1764.10
KSB 966.60
Shakti Pumps (I) 573.95
Elgi Equipments 549.00
Kirloskar Pneumatic 1264.85
View more..

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