MTAR Technologies Climbs to Annual High After Rs 732 Crore Global Contract

MTAR Technologies’ shares surged to a 52-week high following news of a Rs 732 crore international contract, underscoring growing confidence in India’s precision manufacturing capabilities. The contract’s scale reinforces MTAR’s presence in high-precision engineering and global supply chains. Investors view this as a pivotal milestone likely to boost profitability and order backlog visibility. Analysts expect potential re-rating of the stock as export-led demand accelerates. The development also indicates continued traction for Indian engineering exporters. [Source: Moneycontrol]