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Dynamatic Technologies extends rally; surges over 50% in two-weeks

In past two weeks, the stock rallied 55% to Rs 3,127 from Rs 2,011 on Feb 2, compared with 0.66% rise in Sensex.

Dynamatic Technologies, HAL's largest developmental partner, builds major airframe structures for the Sukhoi-30 MKI
SI Reporter Mumbai
Last Updated : Feb 20 2015 | 3:10 PM IST
Shares Dynamatic Technologies has rallied 17% to Rs 3,127, extending its past two week rally on the BSE.

The stock opened at Rs 2,691 and touched a record high of Rs 3,222 so far. The counter has seen huge trading volumes with a combined 97,659 shares already changed hands till 1452 hours against an average sub 20,000 shares that were traded daily in past two weeks on BSE and NSE.

In past two weeks, the stock rallied 53% from Rs 2,011 on February 2, 2015, compared with 0.66% rise in the benchmark S&P BSE Sensex.

Bengaluru-based Dynamatic Technologies had handed over the first 'Made in India' aero structures for the Bell 407GX/GT to Bell Helicopter at the Aero India show on Thursday.

Bell Helicopter, Textron India (TIPL) and Dynamatic Technologies have been working together since 2012 to develop world-class aeronautic capacity in India as a crucial part of Bell Helicopter’s global sourcing strategy. 
 

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First Published: Feb 20 2015 | 3:07 PM IST

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