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The Economic Times
The Economic Times
Business
Ritesh Presswala

MTAR Technologies falls 5%, extends 4-day slide to 20%

Shares of MTAR Technologies extended their losing streak on Tuesday, falling another 5% to hit the lower circuit at Rs 5,457. The stock has now declined for four consecutive trading sessions, with each session ending at the 5% lower circuit. Over the past four trading days, it has lost nearly 20% of its value, while its one-month decline has widened to around 31%.

The continued selling pressure comes amid changes in the company's shareholding pattern for the June 2026 quarter. Promoter holding in MTAR Technologies declined to 29.36% from 30.44% in the previous quarter, while mutual fund ownership fell to 20.36% from 23.49%.

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