Dynamatic Technologies Ltd and CSIR-CSIO sign MoU

Dynamatic Technologies Limited and Central Scientific Instruments Organisation (CSIR-CSIO) have signed a MoU for jointly designing, developing and manufacturing futuristic solutions for the Defence and Aerospace, Healthcare and Agriculture industry.

"Our partnership with CSIO is aligned to Government of India's vision of #AtmaNirbharBharat. Symbiotic relationships between private sector and government research labs will go a long way in our endeavour to build a self-reliant India. Dynamatic under the leadership of Dr. Udayant Malhoutra, CEO & MD, Dynamatic Technologies Limited, has been championing Indigenisation of defence production in partnership with PSU's and DRDO since early 90's. This partnership between CSIO and Dynamatic is aimed at making futuristic solutions for Defence and Security, Healthcare and Agri industry." Arvind Mishra, ED & Global COO, Dynamatic Hydraulics®.

Shares of DYNAMATIC TECHNOLOGIES LTD. was last trading in BSE at Rs.656.45 as compared to the previous close of Rs. 665.05. The total number of shares traded during the day was 84 in over 37 trades.

The stock hit an intraday high of Rs. 670.15 and intraday low of 656.45. The net turnover during the day was Rs. 55750.

Source : Equity Bulls

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