Flying high

The soaring stock price of Dynamatic Technologies has benefited all shareholders,the promoter included

Udayant Malhoutra, the CEO of Dynamatic Technologies recently sold 51,000 shares from his personal holding in the open market. The transaction was completed at Rs.3,419 per share and fetched Rs.17.43 crore. Dynamatic’s stock price has been trending upwards and has nearly doubled in FY17 so far. And for CY2016, it is up 32%.

Malhoutra has successfully scaled Dynamatic’s original hydraulic systems business and has als


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