Dynamatic Technologies saw its stock price rise on the BSE, trading at ₹8418.50, reflecting a gain of ₹91.10 or 1.09% over its previous close of ₹8327.40. The stock opened at ₹8326.95 and fluctuated between a high of ₹8390.00 and a low of ₹8156.00 during the session, with 202 shares traded so far.

The group ‘A’ stock, with a face value of ₹10, previously achieved a 52-week high of ₹9080.40 on April 8, 2024, and a 52-week low of ₹4224.60 on December 21, 2023. Over the last week, it reached a high of ₹8726.65 and a low of ₹8156.00. The company’s current market capitalization stands at ₹5649.19 crore.

Promoters hold 41.87% of the company’s shares, while institutions and non-institutional investors hold 26.90% and 31.23%, respectively.

In a notable development, Dynamatic Technologies awarded a contract to Aequs for manufacturing complex structural parts for Airbus A220 aircraft doors. Over the next five years, Aequs will deliver over 200 detailed components, involving advanced tool design, forgings, machining, and surface treatment. This partnership bolsters the relationship between the two aerospace industry leaders, aligning with India’s 'Make in India' initiative.

Earlier in February 2024, Airbus had placed a major aerospace export order with Dynamatic Technologies for manufacturing and assembling A220 aircraft doors, further enabling growth for Indian suppliers. Renowned for its expertise in airframe structures and precision components, Dynamatic Technologies continues to play a pivotal role in both national and global aerospace sectors.

Additionally, the company is Asia’s largest producer of Hydraulic Gear Pumps and ranks among the top five globally. Its diverse portfolio includes products for automotive, aeronautic, hydraulic, and security applications.