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MTAR Technologies Secures Rs. 310 Crore Civil Nuclear Sector Order

Story Highlights
  • MTAR Technologies specializes in precision-engineered systems for nuclear, aerospace, and defense industries.
  • The company received a Rs. 310 crore domestic order for Kaiga nuclear reactors, boosting its nuclear sector portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MTAR Technologies Secures Rs. 310 Crore Civil Nuclear Sector Order

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The latest announcement is out from MTAR Technologies Ltd. ( (IN:MTARTECH) ).

MTAR Technologies Ltd. has announced the receipt of an additional order worth Rs. 310 crores from Megha Engineering & Infrastructures Ltd. related to the supply of equipment for the Kaiga 5 and Kaiga 6 civil nuclear reactors, with staggered deliveries planned through February 2030. This new order enhances the company’s presence in the civil nuclear power sector, strengthening its portfolio in one of its key focus areas within the domestic market and positioning it as a reliable supplier in the growing energy infrastructure landscape.

More about MTAR Technologies Ltd.

MTAR Technologies Ltd. is a Hyderabad-based engineering solutions company specializing in the production of precision-engineered components and systems. The company’s operations primarily focus on industries such as nuclear power, aerospace, and defense sectors, and it caters to domestic as well as international markets.

Average Trading Volume: 40,654

Technical Sentiment Signal: Buy

Current Market Cap: 73.18B INR

For a thorough assessment of MTARTECH stock, go to TipRanks’ Stock Analysis page.

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