Shares of defence company MTAR Technologies gained 6% to their day’s high of Rs 8,448 on the BSE on Friday to extend gains for a third session in a row and rallying 24% over the same period.
The latest surge comes after the company secured Rs 467.30 crore order from an international company. The company said it is unable to disclose the customer’s name due to confidentiality obligations. It added that the order is a continuation of regular business from an existing customer.