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  • 01 Jul 2022
  • ICICI Securities

MTAR Technologies receives new order

MTARTECH - 1606 Change: 6.00 (0.37 %)

News: MTAR Technologies has received orders worth about Rs 174.6 crore in the clean energy segment.

Views: This order came as positive for MTAR Technologies whose order book prior to this order was close to Rs 600 crore. With declining raw material prices and diversified order book (clean energy 48%, nuclear 25% and space & defence 27%) coupled with new product addition in the portfolio MTAR Technologies is all set to post good FY23 numbers.

Impact: Positive

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11-May-2022 10:00