Mtar Tech clinches order worth Rs560 crore in clean energy segment; stock climbs ~2%

16 Sep 2022 , 09:19 AM

Mtar Technologies Limited has received orders totaling Rs540 crore in the Clean Energy sector, which includes civil nuclear power.

“We are thrilled on receiving new order inflows in the Clean Energy industry.” MTAR Managing Director Parvat Srinivas Reddy stated. “The organisation is looking forward to strengthening the Clean Energy vertical even further to power a safer future.”

MTAR has developed into a large group with cutting-edge facilities and an unrivalled track record of contributing to India’s civil nuclear power programme, Indian space programme, Indian defense, a global defense, and global clean energy sectors.

At around 9.23 AM, Mtar Technologies was trading 1.60% higher at Rs1,709.85, against previous close of Rs1,683 on NSE.

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