India's Dynamatic Technologies jumps over 9% on contract from Airbus unit

Dynamatic Technologies

14/06/2022 05:27

** Shares of Dynamatic Technologies  DYNM.NS  rise as much
as 9.4% to 2,038.65 rupees, post their biggest intraday pct gain
since June 3
    ** Aerospace engineered products maker said on Monday it
would manufacture escape hatch door for Airbus A220 aircraft
 urn:newsml:reuters.com:*:nFWN2Y00KB
    ** DYNM said contract was placed by Stella Aeronautique
Canada, a unit of Airbus Atlantic SAS
    ** Co did not disclose the value of the contract
    ** More than 51,300 shares change hands, 6x 30-day avg of
8,892
    ** DYNM shares down ~19% this year, as of last close

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))