DYNAMATECH.NSE

Dynamatic Technologies Ltd.

In this briefing: LG Electronics (LGEINDIA IN): Global Index Inclusion Post-IPO Indian Economy - November 8, 2025 Initiating Coverage: Elecon Engg.Co Exencial Industry Tidings 28/11/2025 The Beat Ideas: Dynamatic Technologies - An Indian Tier-1 Supplier's Flight Path in Global Aerospace 1. LG Electronics (LGEINDIA IN): Global Index Inclusion Post-IPO LG Electronics (LGEINDIA IN) went public on 14 October 2025 on NSE and has a current market cap of over $12bn. Inclusion in Global All-World is expected in June 2026 as it passes eligibility and thresholds. Earliest possible inclusion in Global Standard is February 2026; however, it is currently estimated to fail the float cap threshold. 2. Indian Economy - November 8, 2025 India’s economic growth outlook remains strong with projected real GDP growth rates of 6.65%, 6.16% and 6.41% for the years 2025 through 2027. Prices rose in the first 2 quarters of 2025, as CPI QoQ growth rates were -1.83% and 0.33% in Q1 and Q2 of 2025. Labor market displays resilience, with unemployment rate well below 5%, throughout 2024. 3.

In this briefing: Indian Economy - November 8, 2025 Initiating Coverage: Elecon Engg.Co Exencial Industry Tidings 28/11/2025 The Beat Ideas: Dynamatic Technologies - An Indian Tier-1 Supplier's Flight Path in Global Aerospace Asian Equities: India's Nifty Is at All-Time High, These Quality Stocks Are Not. 1. Indian Economy - November 8, 2025 India’s economic growth outlook remains strong with projected real GDP growth rates of 6.65%, 6.16% and 6.41% for the years 2025 through 2027. Prices rose in the first 2 quarters of 2025, as CPI QoQ growth rates were -1.83% and 0.33% in Q1 and Q2 of 2025. Labor market displays resilience, with unemployment rate well below 5%, throughout 2024. 2. Initiating Coverage: Elecon Engg.Co We are initiating coverage on Elecon Engineering Company Ltd. (Elecon). Established in 1951 and headquartered in Gujarat, Elecon is a leading Indian manufacturer of industrial gear systems and material handling equipment. As Asia’s largest gear manufacturer, it caters to critical sectors including power, steel, cement, and mining.

In this briefing: Exencial Industry Tidings 28/11/2025 The Beat Ideas: Dynamatic Technologies - An Indian Tier-1 Supplier's Flight Path in Global Aerospace Asian Equities: India's Nifty Is at All-Time High, These Quality Stocks Are Not. Tata Capital (TATACAP IN): Partial Global Index Inclusion Post-IPO Dalmia Bharat: Volume Growth to Gain Pace. Maintain BUY 1. Exencial Industry Tidings 28/11/2025 113 mills in Uttar Pradesh crush 103.5 million quintals of sugarcane Textile processing industry's sales grow by 6.1% in September 2025 quarter Plastic tubes, pipes, fittings & sheets industry's sales grow by 6.4% in September 2025 quarter 2. The Beat Ideas: Dynamatic Technologies - An Indian Tier-1 Supplier's Flight Path in Global Aerospace The structural shift in Dynamatic Technologies’ revenue mix is accelerating, with the high-margin Aerospace segment now contributing 82% of consolidated EBITDA in FY25, underpinned by major new contract industrialization. The premium valuation is justified by its annuity-like, high-barrier sole-supplier status for the Airbus A320 family and significant new program wins (Airbus A220 doors), providing a multi-decade visibility .

In this briefing: Reclaims Global Limited: Grounded for Growth Lyft Expands Into Europe’s Weak Ride-Hailing Market—Will It Take Over? GFL Environmental Surges Ahead in Canada—The Growth Story No One Saw Coming! Joby Aviation Takes Off in Dubai—Could This Global Power Move Redefine Urban Air Mobility? The Beat Ideas: Dynamatic Technologies - An Indian Tier-1 Supplier's Flight Path in Global Aerospace 1. Reclaims Global Limited: Grounded for Growth Reclaims Global Limited (“Reclaims”) is an integrated construction services provider specialising in excavation, construction and demolition (“C&D”) waste recycling, and logistics/equipment leasing. Since 2009, the Group has built an established operating track record supported by a sizeable in- house fleet and an end-to-end model covering demolition, deep excavation, material recovery, and transport. FY2025 marked a strong recovery, revenue almost doubled to S$44.4 million, with net profit almost tripling to S$5.6 million on higher excavation volumes and improved fleet utilisation. 2.