MTAR Technologies Gains 1.34% After BofA Securities Europe Acquires ₹54.9 Crore Stake

MTAR Technologies witnessed significant institutional interest as BofA Securities Europe SA acquired a substantial stake in the precision engineering company through a bulk deal transaction. The defence and aerospace stock responded positively to this institutional confidence, gaining momentum in trading sessions.

Stock Performance and Transaction Details

MTAR Technologies shares jumped 1.34% to reach an intraday high of ₹2,724.20 per equity share, rising from the previous day's close of ₹2,688.30. The stock later retreated to trade at ₹2,679.60 per share. The company currently maintains a market capitalization of ₹8,242.34 crores.

Transaction Details:	Value
Shares Acquired:	2,06,076 shares
Stake Percentage:	0.66%
Price per Share:	₹2,665.45
Total Investment:	₹54.9 crores
Acquiring Entity:	BofA Securities Europe SA

Strong Order Book Performance

The company demonstrates robust business momentum with its diversified order book showing significant growth. As of September 30, 2025, MTAR Technologies maintained an order book worth ₹1,296.6 crores, representing substantial growth from ₹930.2 crores in June 2025.

Order Book Composition:	Percentage
Clean Energy:	67.1%
Aerospace & Defence:	25.2%
Products & Others:	7.7%
Total Order Book:	₹1,296.6 crores

Expanding Customer Base

MTAR Technologies has successfully added several marquee customers across key sectors over the past 2-3 years. The company's client expansion includes:

Clean Energy Sector:

Fluence (battery energy storage)
Andritz Hydro
ReGen Powertech
GE Power
Hitachi Zosen
Voith

Aerospace Sector:

GKN Aerospace
Collins Aerospace
Thales
IAI
Thales Alenia Space

Oil and Gas:

Weatherford
Metso
Indo Tech

Financial Performance Analysis

Despite strong order book growth, the company faced challenges in recent quarterly performance. The financial results show mixed trends with declining revenue and profitability in the latest quarter.

Financial Metrics:	Q2 FY26	Q2 FY25	Change
Revenue:	₹135.59 crores	₹190.18 crores	-28.70%
Net Profit:	₹4.59 crores	₹18.78 crores	-75.56%

Key Ratios:	Value
5-Year Revenue CAGR:	25.87%
5-Year Profit CAGR:	11.74%
ROCE:	10.5%
ROE:	7.51%
EPS:	₹15.1
Debt-to-Equity:	0.25x

Company Background

Established in 1970 and headquartered in Hyderabad, MTAR Technologies specializes in precision engineering for aerospace, defence, space, nuclear, and clean energy sectors. The company manufactures critical components including propulsion engines, reactor assemblies, missile shrouds, and electro-mechanical systems using advanced CNC machines for micron-level accuracy. Operating from six facilities, MTAR Technologies serves prestigious clients including ISRO, DRDO, NPCIL, Boeing, and Airbus, positioning itself as a key player in India's precision manufacturing ecosystem.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.86%	+12.41%	+14.33%	+69.20%	+54.68%	+146.34%

Bank of America made a significant investment in MTAR Technologies through a bulk deal transaction valued at ₹55.00 crore on Friday. The American multinational investment bank acquired over 2 lakh shares at ₹2,665.45 per share, representing a 6% premium to Thursday's closing price of ₹2,519.65.

Market Performance and Stock Movement

The bulk deal transaction had an immediate positive impact on MTAR Technologies' stock performance. The shares closed at ₹2,688.30 on BSE, registering a gain of ₹168.65 or 6.69% over the previous day's closing price. During intraday trading, the stock surged 9% to hit a fresh 52-week high of ₹2,740.45.

Performance Metric:	Value
Closing Price:	₹2,688.30
Daily Gain:	₹168.65 (6.69%)
52-Week High:	₹2,740.45
12-Month Rally:	Nearly 60%

The stock is currently trading above its key technical indicators, with the current price exceeding both the 50-day simple moving average of ₹2,472.00 and the 200-day simple moving average of ₹1,829.00.

Company Background and Business Operations

MTAR Technologies operates in the high-precision engineering sector with over five decades of industry presence. The company specializes in manufacturing CNC machines and has developed expertise in producing electro-mechanical, electro-pneumatic, and electro-hydraulic systems for critical applications in aerospace and energy sectors.

Recent Financial Performance

Despite the positive market sentiment, MTAR Technologies reported challenging financial results for the quarter ended September 2024. The company's consolidated net profit declined significantly to ₹4.20 crore, down 77% from ₹19.00 crore in the corresponding quarter of the previous financial year.

Financial Metric:	Q2 Current Year	Q2 Previous Year	Change
Net Profit:	₹4.20 crore	₹19.00 crore	-77%
Total Revenue:	₹139.30 crore	₹192.00 crore	-27%

The total revenue for the quarter under review stood at ₹139.30 crore, representing a 27% decline from ₹192.00 crore recorded in the same quarter of the last financial year.

Market Context

The bulk deal acquisition by Bank of America demonstrates institutional confidence in MTAR Technologies despite the company's recent financial challenges. The stock's remarkable 60% rally over the past 12 months occurred amid generally weak market sentiments, highlighting the company's resilience and investor appeal in the precision engineering sector.