India's MTAR Technologies gains after order win

MTAR Technologies

10/09/2025 05:12

** Shares of MTAR Technologies MTAR.NS rise 4.1% to 1,470 rupees, their biggest intraday pct gain in over a month

** Precision engineering co wins orders worth 3.86 billion rupees ($43.8 million) in its clean energy – fuel cells segment from Bloom Energy Corporation BE.N

** Co says it expects more orders from fuel cells segment going forward

** Stock down 11.4% YTD

($1 = 88.0970 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))