India, June 12 -- Markets can swing fast when the facts catch up with the fear. A day after a sharp sell-off triggered by headlines about one of its biggest clean energy customers, a Hyderabad-based precision engineering company took to the phones - and within hours, the narrative had turned. Here is what happened and why investors came back buying.

Shares of MTAR Technologies Limited, with a market capitalization of Rs.21,865 crore, are trading at a price of Rs.7,105 i.e.12.67% up from its previous closing price of Rs.6,306. It is trading at a P/E ratio of 206.

From Sell-Off to Surge: Inside the MTAR Technologies Rebound The sell-off on Thursday was swift and severe. Reports emerged that Crusoe Energy - the engineering, procurement, an...