Dynamatic Technologies gains as its division signs MoU with Aerodata AG
Both companies will jointly evaluate how AeroForce X can be further developed and deployed to meet the requirements of the Indian market
Dynamatic Technologies is currently trading at Rs. 11660.10, up by 61.00 points or 0.53% from its previous closing of Rs. 11599.10 on the BSE.
The scrip opened at Rs. 11440.95 and has touched a high and low of Rs. 11874.00 and Rs. 11396.10 respectively. So far 1403 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 11,874.00 on 23-Apr-2026 and a 52 week low of Rs. 6146.30 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 11874.00 and Rs. 10133.65 respectively. The current market cap of the company is Rs. 7936.68 crore.
The promoters holding in the company stood at 41.50%, while Institutions and Non-Institutions held 25.71% and 32.79% respectively.
Dynamatic Technologies’ division -- Dynauton Systems has signed a Memorandum of Understanding (MoU) with and Aerodata AG, an established German provider of specialised solutions for aviation. The agreement establishes the framework for a strategic collaboration to develop a new unmanned, airborne surveillance and reconnaissance solution for the Indian region.
At the heart of the collaboration is Aerodata’s modular AeroForce X platform. The MALE UAS combines high payload capacity with a maximum endurance of up to 40 hours and is designed for the integration of advanced mission system technology. This particularly suits AeroForce X for long duration, demanding ISR (Intelligence, Surveillance, Reconnaissance) missions over land and sea.
As part of the MoU, both companies will jointly evaluate how AeroForce X can be further developed and deployed to meet the requirements of the Indian market. Dynauton will contribute its extensive engineering and manufacturing expertise in the field of unmanned systems, while Aerodata contributes its many years of experience in the integration of complex airborne surveillance and reconnaissance systems. The MoU marks the start of a partnership-based German-Indian collaboration offering long-term prospects. Both companies see great potential in combining their expertise to jointly develop innovative and high-performance unmanned systems.
Dynamatic Technologies is the largest producer of Hydraulic Gear Pumps in Asia and one of the top five worldwide. The company designs and builds highly engineered products for Automotive, Aeronautic, Hydraulic and Security applications.
