India's MTAR Technologies climb on Q2 rev growth

MTAR Technologies

30/10/2024 10:04

** Shares of MTAR Technologies  MTAR.NS  ended 2.8% higher
to 1,628 rupees 
    ** Precision engineering co's Q2 consol total rev from ops
jumped 13.8% y/y to 1.87 bln rupees, sequentially it rose 48% 
    ** Co's net profit dropped 8.3% y/y as expenses rose 16.9% 
    ** Stock eyes busiest trading day in six sessions, about
240,000 shares traded 
    ** MTAR down 3.4% YTD 

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))