MTAR Share Price Target MTAR Technologies Limited is an Indian precision engineering company that was founded in 1969 and offers its services to important industries including nuclear power, aerospace, and defence, among others. Over 1,070 people work for the MTAR firm, which has its headquarters in Hyderabad. Investors shouldn’t put too much faith in the medium-term investment gain based on the MTAR share’s performance. In addition to analysing the company’s financial report over time, this article will analyse the elements influencing the MTAR Share Price Target 2025 and beyond.
MTAR Latest News
Share Price Today decreased by 2.21%, dropping down to Rs 1,662 per share, from yesterday’s already downslide due to the ECI Results declaration of Lok Sabha Elections 2024, on Tuesday.
In the Precision Engineering Sector, MTAR Engineering competitors such as Hindustan Aeronautics, Bharat Electronics and Azad Engineering Limited. These are bigger companies in market size and have a larger hold in the market. However, MTAR Engineering Limited company also is a major player in the market, offering precision engineering solutions to numerous critical sectors in India and abroad. These sectors include nuclear power, Defence and Aerospace, Ball Screws and Roller Screws. The positioning of the MTAR Eng by offering comprehensive solutions across the aforementioned sectors makes future prospects brighter. Investors can look positively towards such factors while investing in the stock exchange.
MTAR NSE Market Capitalisation is around Rs 5000 cr on the stock exchange and has been on a roller coaster ride for several years. As the ECI Results are giving a minority government mandate to the BJP for the Lok Sabha Elections 2024, the position of investors in the market is difficult to predict. Currently, sell-out is rampant on the stock exchange, as investors are facing loss in their return on investment. Hence, investors must remain wary of market sentiment and ongoing political scenarios in the country. This is not to suggest that a coalition government can not perform well for the country and is bad for the stock market. Democracy should be above several insignificant things in the short term.
The real reason for the downfall of the MTAR Share Prices over the past several months has been the excessive negative numbers in its financial reports, be it quarterly or annual. MTAR net income has been decreasing over the previous three quarters and is down by -45% annually, to Rs 561.13M YOY (FY2024), from Rs 1.03B in FY 2023. However, MTAR Revenue does reflect a bit of restraint and remained positive in growth numbers by 2.23%, YOY, in FY2024.
