The stock has soared 12 per cent after RBI lifted curb on fresh FII purchases.
Dynamatic Technologies has soared to a fresh 52-week high this morning on the back of near 5-fold jump in volume.
The buying at the counter is attributed to media reports that the Central Bank (RBI) has lifted its ban on fresh purchases of the stock by FIIs. Reports added, that FIIs can now buy up to 25 per cent of the equity stake in Dynamatic Technologies.
The stock has registered a fresh 52-week high at Rs. 3,444, and is now up 12.4 per cent at Rs. 3,390. The counter has seen trades of around 9,317-odd shares so far on the BSE as against the two-week daily average volume of around 1,947-odd shares.
Meanwhile, the Sensex has declined 80 points to 28,657.
The buying at the counter is attributed to media reports that the Central Bank (RBI) has lifted its ban on fresh purchases of the stock by FIIs. Reports added, that FIIs can now buy up to 25 per cent of the equity stake in Dynamatic Technologies.
The stock has registered a fresh 52-week high at Rs. 3,444, and is now up 12.4 per cent at Rs. 3,390. The counter has seen trades of around 9,317-odd shares so far on the BSE as against the two-week daily average volume of around 1,947-odd shares.
Meanwhile, the Sensex has declined 80 points to 28,657.
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