iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Dynamatic Technologies spurts ~7.5% on bagging order of Escape Hatch Door for Airbus A220

14 Jun 2022 , 09:43 AM

Bengaluru-based Dynamatic Technologies Limited, demonstrated leader in the development of exacting airframe structures and precision aerospace components, secured a contract to manufacture the Escape Hatch Door for Airbus A220 aircraft.

The company received the said order from STELIA AERONAUTIQUE CANADA Inc., a subsidiary of Airbus Atlantic SAS.

This contract imprints a milestone in the workshare of an A220 supply chain in India and extends Dynamatic’s capabilities for manufacturing critical aerostructure to Airbus.

“We are pleased to win this contract. Dynamatic has been associated with Airbus since 2006 on flight-critical wing sub-assemblies and is now moving ahead to the fuselage. The Escape Hatch Door is a complex assembly, and this is the first aerostructure of the new Airbus A220 family to be built in India.

Dynamatic will pave the way for establishing a fully-qualified ecosystem for the A220 family in India. It vouches for the resilience and quality systems of the Indian supply chain,” commented Udayant Malhotra CEO & Managing Director of Dynamatic Technologies Limited.

At around 9.49 PM, Dynamatic Technologies was trading at Rs1,998 per piece, up by Rs133.25 or 7.15% from its previous closing of Rs1,864.75 on the BSE. The scrip opened at Rs1,959 and has touched a high and low of Rs2,043.35 and Rs1,928.55 respectively.

Related Tags

  • DynamaticTechAircraft
  • DynamaticTechNews
  • DynamaticTechOrder
  • DynamaticTechShare
  • DynamaticTechSharePrice
  • DynamaticTechStock
  • DynamaticTechStockPerformance
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.