Mumbai, Sept 10 (Read): Shares of MTAR Technologies surged nearly 5% on Tuesday after the company announced that its Clean Energy – Fuel Cells division has secured fresh orders worth Rs 386 crore.
The stock was trading at Rs 1,482.00 on the BSEup 69.25 points or 4.90% from its previous close of Rs 1,412.75. It opened at Rs 1,450.05 and touched an intraday high of Rs 1,485.65. Around 10,151 shares were traded during the session.
According to the company, of the total order value, Rs 205 crore worth of projects will be executed by Q4 FY26with the remaining balance scheduled for completion in Q1 fy27.
MTAR Technologies is known for manufacturing mission-critical precision engineering components with extremely close tolerances of 5–10 microns.
The BSE Group ‘A’ stock, with a face value of Rs 10, has a 52-week high of Rs 1,840.95 (Oct 10, 2024) and a 52-week low of Rs 1,152.00 (Apr 7, 2025).
In the past week, the scrip has traded between Rs 1,485.65 (high) and Rs 1,402.55 (low). The company’s market capitalisation currently stands at Rs 4,505.82 crore.
Promoter holding in the company is 31.65%while institutions hold 31.09% and non-institutional investors 37.27%.
Bhupendra singh chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur kiranhis insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.