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Defence Stock Hits 5% Upper Circuit After Reporting 355% YoY Increase in Net Profit
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MTAR Technologies shares hit a 5% upper circuit after strong Q1 FY27 results, with revenue rising 129.9% YoY to ₹361 Cr and net profit surging 354.5% YoY to ₹50 Cr.
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Defence Stock Hits 5% Upper Circuit After Reporting 355% YoY Increase in Net Profit
MTAR Technologies shares hit a 5% upper circuit after strong Q1 FY27 results, with revenue rising 129.9% YoY to ₹361 Cr and net profit surging 354.5% YoY to ₹50 Cr. The company's earnings per share (EPS) improved to ₹16.42, reflecting robust operational performance. The shares of the precision engineering company are in focus after its Q1 results.
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