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The Economic Times

Veer Sharma

Multibagger MTAR Tech rallies 5% after 12% slide in 4 days. Here are 2 triggers

Mtar Tech MTAR Technologies

Shares of 2026 multibagger MTAR Technologies hit a 5% upper circuit at Rs 5,442 on Thursday, snapping a four-day losing streak after the company reported a 364.5% year-on-year jump in Q1 net profit to Rs 50.2 crore from Rs 10.8 crore.

The company’s revenue from operations surged 130.4% year-on-year to Rs 360.7 crore from Rs 156.6 crore. EBITDA nearly tripled to Rs 85.1 crore from Rs 28.4 crore, marking a 199.7% increase, while profit before tax jumped 355% to Rs 67.4 crore.

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