Dynamatic Technologies trades in green at the bourses

Dynamatic Technologies trades in green at the bourses

by admin- Tuesday, January 1st, 2019 03:25:04 PM

Dynamatic Technologies is presently buying and selling at Rs. 1528.00, up via 29.60 points or 1.Ninety eight% from its preceding remaining of Rs. 1498.40 on the BSE.

The scrip opened at Rs. 1528.00 and has touched a excessive and occasional of Rs. 1528.00 and Rs. 1528.00 respectively. So some distance 5 stocks had been traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a fifty two week high of Rs. 2355.00 on 05-Jan-2018 and a 52 week low of Rs. 1306.00 on 15-Oct-2018.

Last one week excessive and coffee of the scrip stood at Rs. 1529.10 and Rs. 1382.10 respectively. The cutting-edge marketplace cap of the business enterprise is Rs. 953.12 crore.

The promoters conserving inside the organization stood at 50.20%, while Institutions and Non-Institutions held 24.17% and 25.63% respectively.

Dynamatic Technologies has done Business Transfer Agreement with Hi-Tech Arai. The organization to promote the car department of the enterprise positioned at Chennai. In recognize of the divestment of the Auto Division, the business enterprise will receive Rs forty crore as consideration for transfer of all of the fixed assets relating to the aluminum commercial enterprise of the Auto Division, which is in excess of the book cost of underlying belongings, while the agency has carved out and redeployed a few equipment really worth Rs eight crore into its different corporations.

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