MTAR Tech Surges 3% as Plutus Wealth Management Acquires Over 4% Stake

6 Jun 2023 , 02:09 PM

MTAR Tech witnessed a nearly 3 % increase in its shares during morning trade on June 6, following Ahmedabad-based Plutus Wealth Management LLP’s acquisition of over 4 % stake in the company.

Plutus Wealth purchased 13.15 lakh shares of the precision engineering company through open market transactions on June 5, at an average price of Rs.1,880.02 per share.

At the time of writing, the stock was trading at Rs.1,929.00 on the NSE, reflecting a 1.76 % increase from the previous close.

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