MTAR Technologies shares surge 10% to hit a record high after winning an order worth Rs.2,279 crore
New Delhi, May 14 -- MTAR Technologies shares jumped almost 10% to hit a record high in intraday trade on the BSE on Thursday, 14 May, after winning an order worth Rs.2,279 crore.
MTAR Technologies share price opened at Rs.7,202 against its previous close of Rs.6,749.15 and jumped 9.7% to an all-time high of Rs.7,404.95.
The defence stock jumped after it announced it had secured an order worth Rs.2,278.96 crore from an international entity.
In an exchange filing on 14 May, MTAR Technologies said it had received a purchase order valued at $238.76 million at an exchange rate of Rs.95.50, which translates to Rs.2,278.96 crore.
The company said the order is in continuation of regular business from an existing customer, and it cannot discl...
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