MTAR Technologies Stock Dips 3% After Record Surge on Profit Booking; Key Reasons Behind the Rally Explained
मुख्य बातें
- •MTAR Technologies shares fell 3% to ₹7,963 on June 16, 2025, after surging 24% in three sessions to a record high of ₹8,449.50 on June 13.
- •The stock has gained over 155% from its March 2025 low of ₹3,309 and has delivered multi-year returns exceeding 300%.
- •The company secured international orders worth ₹2,746.3 crore (₹2,279 crore and ₹467.3 crore) with execution timelines extending to mid-2027.
- •MTAR revised FY27 revenue growth guidance to over 80% (from 50%) and expects margins of around 24%.
- •Analysts remain bullish, citing strong technicals, but warn of a potential reversal if the stock breaks below a key trendline support.
- •Market cap stands at nearly ₹24,494 crore; stock has risen 233% year-to-date in 2026.
Shares of Hyderabad-based defence and precision engineering company MTAR Technologies experienced a 3% decline on Monday, June 16, 2025, following a sharp rally that had pushed the stock to a new 52-week high of ₹8,449.50 per share on Friday, June 13. The stock had surged over 24% in just three trading sessions, marking a more than 155% increase from its March low of ₹3,309 per share.
