MTAR Technologies Secures ₹192 Cr Orders, Expands Clean Energy & Aerospace Portfolio

MTAR Technologies Ltd. has received ₹192 crore worth of new orders, strengthening its presence in Clean Energy and Aerospace sectors. The company secured ₹191 crore in contracts from Bloom Energy for fuel cell components, alongside ₹35 crore in aerospace orders from Rafael, IMI Systems, and IAI.

 

Key Highlights:

 

₹191 crore orders from Bloom Energy for Clean Energy projects.

 

₹35 crore aerospace contracts from Rafael, IMI Systems, and IAI.

 

Total order book now exceeds ₹2,000 crore, ensuring strong revenue visibility.

 

Stock surged 9% following the announcement, hitting ₹1,773 on BSE.

 

MTAR expects execution within one year, boosting FY26 growth prospects.

 

MTAR Technologies continues to expand its market share, with significant upcoming orders in Civil Nuclear and Defence sectors.

 

Source: Business Today | MTAR Technologies Press Release | Zerodha