MTAR Tech share zooms 10% after Rs 226 crore order wins

The surge in MTAR Tech's stock price was also drive by a spike in trading volumes in the counter.

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26 Aug, 2025 12:21

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Shares of MTAR Technologies surged nearly 10 percent on December 20, buoyed by the company's latest Rs 226 crore order wins. The company secured these orders for its clean energy and aerospace segments.

Out of the total, orders worth Rs 191 crore have been secured for various products from Bloom Energy in the clean energy sector. Other orders worth Rs 35 crore were touted by reputed customers in in the aerospace segment, including names like Rafael, IMI Systems, and IAI.

Furthermore, these orders are expected to be executed within one year and balance orders shall be executed by April 2026. "The order value reflects the company’s increasing market share in clean energy and aerospace sectors," MTAR Technologies said in an exchange filing.

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The company also remains confident over future order inflows in the clean energy and aerospace segments. “We are optimistic about growth in clean energy and aerospace verticals. The company is expecting significant orders in both the segments going forward,” Parvat Srinivas Reddy, managing director and promoter, MTAR Technologies stated in an exchange filing.

At 11.19 am, shares of MTAR Technologies were trading at Rs 1,771.25 on the NSE. The surge in the stock price was also drive by a spike in trading volumes in the counter. As much as nine lakh shares changed hands on the exchanges so far, already surpassing the one-month daily traded average of three lakh shares.

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