New Delhi, June 12 -- MTAR Technologies share price jumped over 13% on Friday, recouping a significant portion of its previous session's losses amid strong buying momentum. The defence stock rallied as much as 13.26% to Rs.7,130.70 apiece on the BSE.

The sharp rebound in MTAR Technologies share price came after reports indicated that the major data centre project linked to Bloom Energy remains on track.

MTAR Technologies shares had declined over 11% on Thursday, extending losses to more than 18% over two consecutive trading sessions. The sharp fall in the stock followed concerns surrounding a planned data centre project in Wyoming, which was expected to deploy Bloom Energy's fuel-cell technology.

However, on Thursday, Black Hills Corpo...