Dynamatic Technologies Ltd
DYNAMATECH

2,781.20

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2,800.00

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Accumulate
Reco. Price
Rs 2764.90
We recommend ACCUMULATE on the stock on account of strong prospects in hydraulic and aerospace business. This will be supported by revival in agricultural sector and pickup in executions in aerospace business. Further, strong order book in aerospace business is the key earning trigger. The stock is trading at a PE of 33x in FY17E (Target Price- Rs 2930.2)
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50 DMA (.)
2,879.99
100 DMA (.)
2,913.18
200 DMA (.)
2,903.22
Weekly Range (.)
2,735.05
2,839.90
Monthly Range (.)
2,705.00
2,999.00
52 Weeks Range (.)
1,932.60
3,655.80
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