Archive · 30 Jul 2026
MTAR Technologies Sees 5% Share Surge After Rs 3,100 Crore Order
MTAR Technologies is a company that makes very precise parts for things like airplanes and power plants.
They got a new big order from a customer that is worth about 3,100 crore rupees, which is more than the previous order.
Because of this, people who own the company's stock bought more shares, and the price went up by 5% during the day.
The company was started in 1969 and is based in Hyderabad, India.
The new order will be finished later, but it shows the company is growing.
MTAR Technologies received an amended purchase order raising total value to $324.62 million (≈Rs 3,100.09 crore).
The order increased by $85.86 million (≈Rs 819.94 crore) from the earlier $238.76 million order disclosed on May 14, 2026.
Shares of MTAR Technologies rose 5% during intraday trading after the announcement.
The company is a precision‑engineering firm founded in 1969, headquartered in Hyderabad, India.
Execution timeline for the new order will be decided at a later date.
- Who
- MTAR Technologies
- What
- Amended export order and share price rise
- When
- May 2026
- Where
- Hyderabad, India
- Why
- Higher order value boosts revenue expectations
- Company
- MTAR Technologies
- Order Value
- $324.62 million (Rs 3,100.09 crore)
- Incremental Value
- $85.86 million (Rs 819.94 crore)
- Share Price Change
- 5% intraday surge
- Founded
- 1969