MTAR Technologies Ltd share price logo

MTAR Technologies Ltd (MTARTECH)

₹2148.451.69%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

MTAR Technologies Ltd share Performance

  • ₹2,098.95
    ₹2,200
    ₹2148.45
    downward going graph

    2.30%

    Low

    Day's Volatility:4.70%

    High

    2.40%

    downward going graph
  • ₹1,661
    ₹2,920.35
    ₹2148.45
    downward going graph

    22.69%

    Low

    52 Weeks Volatility:58.62%

    High

    35.93%

    downward going graph
1 Month Return+ 13.41 %
3 Month Return+ 8.51 %
1 Year Return+ 14.38 %
Previous Close₹2,112.70
Open₹2,110.00
Volume7.53L
Upper Circuit-
Lower Circuit-
Market Cap₹6,498.58Cr

Analyst Rating

based on 2 analysts

BUY
75.00%
Buy
25.00%
Hold
0.00%
Sell

Based on 2 analysts offering long term price targets for MTAR Technologies Ltd. An average target of ₹2114

Source: S&P Global Market Intelligence

Company Information

MTAR Technologies Ltd was incorporated in the year 1998 with the mission to provide innovative engineering solutions for a variety of industries. MTAR Technologies Ltd. operates in several lines of business, including aerospace, defence, energy and other industrial sectors.

The company offers a wide range of products, such as precision engineering components, special purpose machines, jigs and fixtures, CNC machines and assemblies. Their top products include precision machining, heat treatment and surface coating services. MTAR Technologies Ltd. also offers a variety of popular brands, such as MTAR, TAR, and EMTAR.

Share Price: ₹2148.45 per share as on 24 May, 2024 04:01 PM
Market Capitalisation: ₹6,498.58Cr as of today
Revenue: ₹118.38Cr as on December 2023 (Q4 23)
Net Profit: ₹10.45Cr as on December 2023 (Q4 23)
Listing date: 16 Mar, 2021
Chairperson Name: B V R Subbu
OrganisationMTAR Technologies Ltd
HeadquartersHyderabad
IndustryAerospace & Defence
E-voting on sharesClick here to vote

Key events for MTAR Technologies Ltd

  • Analysts Bullish on MTAR Technologies - 22 May, 2024

    Domestic brokerage firms Motilal Oswal and Anand Rathi are bullish on MTAR Technologies due to its robust growth prospects as a key supplier of precision-engineered systems for clean energy, fuel cells, and nuclear sectors. Motilal Oswal initiated coverage with a buy rating and target price of Rs 2,800. The stock corrected about 28% from its 52-week high but has stabilized within the Rs 1,800-1,900 range.

  • MTAR Technologies Records Surge in Volume and Stock Price - 18 May, 2024

    MTAR Technologies Ltd saw a surge in trading volume, recording 1.56 times the average daily volume of shares traded on NSE. The stock gained 3.68% to reach Rs.2,042.30.

  • MTAR Technologies Expected to See Strong Earnings Growth - 16 May, 2024

    Despite a dip in profit margins, MTAR Technologies is expected to see its earnings grow by 41.7% annually, outpacing the broader Indian market. Revenue growth projections remain strong at 36.7% per year with solid fundamentals and high insider ownership.

Fundamentals of MTAR Technologies Ltd

Insights on MTAR Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 32.74% to 34.09% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, MTARTECH stock has moved up by 5.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 37.26% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Schaeffler India Ltd has given 347.1% return, outperforming this stock by 219.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Thermax Ltd has given 126.7% return, outperforming this stock by 112.3%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.02% to 10.57% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 167.68 Cr → 118.86 Cr (in ₹), with an average decrease of 29.1% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 18.21% to 14.86% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 20.46 Cr → 10.45 Cr (in ₹), with an average decrease of 48.9% per quarter

MTAR Technologies Ltd Valuation

MTAR Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (47.04x)

March 31, 2023

Industry (76.38x)

May 24, 2024

Today (80.29x)

May 24, 2024

Highest (125.99x)

December 10, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Defence Fund Direct GrowthHDFC Defence Fund Direct Growth5.94%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.3%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth0.4%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth0.47%
Franklin India Opportunities Fund - Direct - GrowthFranklin India Opportunities Fund - Direct - Growth1.62%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
37.26%
0.00
Foreign Institutions
10.57%
0.00
Mutual Funds
14.86%
0.00
Retail Investors
34.09%
0.00
Others
3.22%
0.00

Technicals of MTAR Technologies Ltd share

News & Events of MTAR Technologies Ltd

Frequently Asked Questions

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MTAR Technologies Ltd (MTARTECH) share price today is ₹2148.45

MTAR Technologies Ltd is listed on NSE

MTAR Technologies Ltd is listed on BSE

  • Today’s highest price of MTAR Technologies Ltd is ₹2200.
  • Today’s lowest price of MTAR Technologies Ltd is ₹2098.95.

PE Ratio of MTAR Technologies Ltd is 80.29

PE ratio = MTAR Technologies Ltd Market price per share / MTAR Technologies Ltd Earnings per share

Today’s traded volume of MTAR Technologies Ltd(MTARTECH) is 7.53L.

Today’s market capitalisation of MTAR Technologies Ltd(MTARTECH) is ₹6498.58Cr.

MTAR Technologies Ltd(MTARTECHPrice
52 Week High
₹2920.35
52 Week Low
₹1661

MTAR Technologies Ltd(MTARTECH) share price is ₹2148.45. It is down -26.43% from its 52 Week High price of ₹2920.35

MTAR Technologies Ltd(MTARTECH) share price is ₹2148.45. It is up 29.35% from its 52 Week Low price of ₹1661

MTAR Technologies Ltd(MTARTECHReturns
1 Day Returns
35.75%
1 Month Returns
13.41%
3 Month Returns
8.51%
1 Year Returns
14.38%