Dynamatic Technologies Ltd to hand back manufacturing facilities at Ojhar to HAL

Dynamatic Technologies Ltd has successfully completed its long-term project for manufacturing and supplying Assembly Structures, which were part of empennages of SU30MKI, that were supplied to Indian Air Force from HAL - Ojhar, Nashik Divison.

The manufacturing facilities will be handed back to HAL after completion of necessary formalities. The said unit's operations are insignificant and does not have any material and adverse effect on the overall operations of the Company.

Shares of DYNAMATIC TECHNOLOGIES LTD. was last trading in BSE at Rs.732.6 as compared to the previous close of Rs. 739.85. The total number of shares traded during the day was 1273 in over 223 trades.

The stock hit an intraday high of Rs. 767 and intraday low of 722. The net turnover during the day was Rs. 939041.

Source : Equity Bulls

Keywords