Moneycontrol Bureau
Investors bought more shares of Dynamatic Technologies on Wednesday on order from airplane maker Boeing at the Aero-India. The stock gained as much as 13.8 percent intraday to hit a 52-week high of Rs 2,780.
"The company will be handing over the first set of aft pylon and cargo ramp assemblies for Boeing’s CH-47F Chinook helicopter on February 18, 2015 to Boeing at the Aero-India," said Dynamatic in its filing to the BSE.
This would be Boeing's first product being received under the aegis of "Make in India" campaign.
Dynamatic Technologies designs and builds highly engineered products for automotive, aeronautic, hydraulic and security applications.
At 12:51 hours IST, the scrip of Dynamatic Technologies was quoting at Rs 2,672.50, up Rs 229.50, or 9.39 percent on the BSE.
Posted by Sunil Shankar Matkar
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