DSIJ Mindshare

To mitigate risks, MTAR is actively diversifying its customer base and has secured long-term agreements with multinational companies in the aviation sector.

The stock is up by 60 per cent from its 52-week low of Rs 608.75 per share.

The stock is up by 30 per cent from its 52-week low of Rs 110 per share.

The stock gave multibagger returns of 175 per cent in just 1 year and a whopping 780 per cent in 3 years.

the company has secured a substantial Purchase Order worth Rs 17.64 Crores for supplying 1 KW HF and SATCOM Equipment, with the contract formalized on November 1, 2023. The esteemed client for this deal is M/s. Cochin Shipyard Limited.

Additionally, another notable Purchase Order, valued at Rs 1.61 Crore, has been received for Automatic Test Equipment (ATE) dedicated to Radar Equipment. This contract was also confirmed on November 1, 2023, with Satish Dhawan Space Centre – SHAR, ISRO, as the client.