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MTAR Technologies is currently trading at Rs. 2298.00, up by 69.95 points or 3.14% from its previous closing of Rs. 2228.05 on the BSE. The scrip opened at Rs. 2246.00 and has touched a high and low of Rs. 2321.65 and Rs. 2225.00 respectively. So far 22886 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2450.00 on 24-Aug-2023 and a 52 week low of Rs. 1472.45 on 28-Mar-2023. Last one week high and low of the scr...
MTAR Technologies zooms on receiving Defence Industrial License
Domestic equities pared some gains amid profit booking after 3 days of positive close. Nifty snapped its initial gains and closed with a marginal loss of 57 points at 19,387 level, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Nifty Midcap 100 outperformed the benchmark and ended in green. Sectorally, it was a mixed bag with buying seen in IT, Realty, FMCG and Banking space. Railway stocks were in momentum on account of the strong order book and...
Nifty pares gains after three days of positive close
MTAR Technologies is currently trading at Rs. 1931.50, up by 34.60 points or 1.82% from its previous closing of Rs. 1896.90 on the BSE. The scrip opened at Rs. 1934.90 and has touched a high and low of Rs. 1965.00 and Rs. 1914.40 respectively. So far 50920 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2015.00 on 18-May-2023 and a 52 week low of Rs. 1211.85 on 04-Jul-2022. Last one week high and low of the scr...
MTAR Technologies climbs after Plutus Wealth Management buys shares of company for Rs 247 crore
Temporary glitch; robust outlook maintained MTAR Technologies 4Q23 results were below expectations. Revenue doubled to INR1.96bn (a tad higher vs our estimates), while EBITDA missed estimates, growing 77% YoY to INR 491mn, 14% below JMFe. Gross margins were impacted due to higher share of clean energy segment and increased employee costs (INR10mn impact) to retain its talent base, which led 310bps EBTIDA margin decline to 25%. Order book remained healthy at INR11.7bn (+81%), as the company...
Buy MTAR Technologies Ltd For Target Rs.2,300 - JM Financial Services
MTAR Technologies is currently trading at Rs. 1718.95, up by 37.80 points or 2.25% from its previous closing of Rs. 1681.15 on the BSE. The scrip opened at Rs. 1684.00 and has touched a high and low of Rs. 1730.80 and Rs. 1664.30 respectively. So far 14727 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2555.65 on 03-Jan-2022 and a 52 week low of Rs. 1211.85 on 04-Jul-2022. Last one week high and low of the scr...
MTAR Technologies shines on signing MoU with Indian National Space Promotion and Authorization Centre
MTAR Technologies is currently trading at Rs. 1702.45, up by 20.40 points or 1.21% from its previous closing of Rs. 1682.05 on the BSE. The scrip opened at Rs. 1704.00 and has touched a high and low of Rs. 1729.20 and Rs. 1685.55 respectively. So far 10321 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2555.65 on 03-Jan-2022 and a 52 week low of Rs. 1211.85 on 04-Jul-2022. Last one week high and low of the scr...
MTAR Technologies shines on bagging orders of Rs 540 crore in clean energy segment
MTAR Technologies is currently trading at Rs. 1487.00, up by 32.65 points or 2.24% from its previous closing of Rs. 1454.35 on the BSE. The scrip opened at Rs. 1524.00 and has touched a high and low of Rs. 1526.20 and Rs. 1485.00 respectively. So far 7541 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2555.65 on 03-Jan-2022 and a 52 week low of Rs. 954.00 on 08-Jun-2021. Last one week high and low of the scrip...
MTAR Technologies gains on inking pact to acquire entire stake in GEE PEE Aerospace & Defence
In line results; management ups growth guidance MTAR Technologies 4Q22 results were in line with estimates. Revenue grew by 43% YoY, while EBITDA was down 8% YoY (high base effect), both in line with JMFe. Growth was led by 56% growth in clean energy segment, driven by robust volumes of SOFC volumes, while ex-clean energy vertical reported a growth of 43%, largely driven by growth in space and defence (+73% YoY) and new product launches, even as nuclear energy segment declined by 9% YoY. M...
Buy MTAR Technologies Ltd For Target Rs.1800 - JM Financial Services
The company reported standalone net profit of Rs 19.81 crore for the quarter ended March 31, 2022 as compared to Rs 18.01 crore in the same period last year, registering a year-on-year growth of 9.99 per cent. Net revenue of the company rose substantially by 42.54 per cent at Rs 98.58 crore in January-March quarter of this fiscal as against Rs 69.16 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 81.25 per cent to Rs 70.87 crore from ...
MTAR Technologies Q4 net profit up 9.99% at Rs 19.81 cr
MTAR Technologies is currently trading at Rs. 1409.20, up by 3.95 points or 0.28% from its previous closing of Rs. 1405.25 on the BSE. The scrip opened at Rs. 1420.00 and has touched a high and low of Rs. 1445.00 and Rs. 1341.65 respectively. So far 10621 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2555.65 on 03-Jan-2022 and a 52 week low of Rs. 888.00 on 14-May-2021. Last one week high and low of the scrip...
MTAR Technologies surges on getting nod to acquire stake in Gee Pee Aerospace & Defence
Chennai, 28 th September, 2021: MTAR Technologies Limited, India’s leading precision engineering solutions company has been conferred the prestigious National Level Champion Award from Society of Indian Defence Manufacturers (SIDM) under Import substitution for Mission Critical Parts/Systems/Sub-systems medium category for Ball Screws by Honourable Defence Minister of India Shri Rajnath Singh at New Delhi on September 28, 2021. Ball Screws are the highly complex import substitutes th...
MTAR Technologies receives accolade for Indigenous Ball Screws
Below is quote on MTAR Technologies - Receipt of Order worth Rs220cr by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd MTAR Technologies is engaged in the business of manufacturing high precision and heavy equipment, components, machines for sectors including nuclear, aerospace, defence, etc. The company has received an export order for providing manufactured and assembled products for USD 29.82 Mn (approximately Rs 220 Crores) from Bloom Energy,...
Quote on MTAR Technologies - Receipt of Order worth Rs220cr by Mr. Amarjeet Maurya, Angel Broking Ltd
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