Shares of multibagger stock MTAR Technologies rose as much as 10% to their day's high of Rs 6,850 on the NSE on Wednesday after it reported a strong jump in fourth-quarter earnings, helped by robust growth in revenue and improved operating performance across its businesses.
The Hyderabad-based precision engineering company posted a consolidated net profit of Rs 44.28 crore for the March quarter, sharply higher than Rs 13.72 crore reported in the same period last year, reflecting a growth of about 223%.
