Dynamatic Tech shares turn positive for 2025 after becoming exclusive partner for L&T-BEL consortium
Published on 04/11/2025 12:16 PM
Dynamatic Tech shares turn positive for 2025 after becoming exclusive partner for L&T-BEL consortiumThis collaboration will combine Dynamatic Technologies' global expertise in complex aerostructures and sub-systems manufacturing for leading aerospace OEMs along with L&T's engineering and BEL's electronics expertise.By CNBCTV18.com November 4, 2025, 12:16:22 PM IST (Published)1 Min ReadShares of Dynamatic Technologies Ltd. surged over 6% on Tuesday, November 4, after informing the exchanges of a positive development for fighter jets. With this move, the stock also turned positive on a year-to-date basis.
Dynamatic Technologies announced that the consortium of Larsen & Toubro (L&T), and Bharat Electronics (BEL) has onboarded the company as an exclusive partner for India's fifth generation fighter aircraft (AMCA) programme.
This collaboration will combine Dynamatic Technologies' global expertise in complex aerostructures and sub-systems manufacturing for leading aerospace OEMs along with L&T's engineering and BEL's electronics expertise.
"Adding Dynamatic Technologies as an exclusive partner to this consortium brings unmatched agility and precision to our mission. This partnership is as much about building a next-gen fighter jet as it is about redefining the Indian Aerospace industrial ecosystem."
Shares of Dynamatic Technologies are trading 6.1% higher at ₹8,540. The stock has turned positive on a year-to-date basis, and has risen 15% so far over the last 12 months.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market today