India's MTAR Technologies surges on quarterly profit rise

MTAR Technologies

05/08/2025 10:24

** Shares of MTAR Technologies MTAR.NS jump 9.5% to 1,585 rupees

** Stock marks biggest intraday pct gain since February 20

** The industrial machinery and equipment maker posts a  more than doubled Y/Y rise in June-qtr consol net profit; consol total rev from ops rises 22% Y/Y

** Trading volume at more than 174,614 shares, 2.6x 30-day avg

** Stock down 5% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))