Dynamatic Technologies zooms 20% as 4% equity changes hands via block deal

Shares of Dynamatic Technologies were locked in an upper circuit of 20 per cent at Rs 1,991.60, also its record high on the BSE in Tuesday’s intra-day session after 4 per cent equity of the company changes hands via a block deal.

At 09:19 am, around 263,471 equity shares, representing a 4.15 per cent stake of Dynamatic Technologies changed hands via block deal on the BSE, the exchange data shows. The name of the buyer and seller were not ascertained immediately.

Meanwhile, till 12:41 pm, a combined 619,362 equity shares or 9.71 per cent of the total equity of the company had changed hands on the BSE and NSE. There were pending buy orders for 47,463 shares on both the exchanges, the data shows.