News for MTAR Technologies Limited (MTARTECH.BO)

In the Nifty 50 index, 27 stocks ended in the green, while 23 stocks closed in the red in today's trade.

Stocks including Eicher Motors, Lupin, MTAR Technologies, Aditya Birla Capital, Nykaa, Bata india, SBFC Finance, Samhi Hotels and more will be in the spotlight on Tuesday, February 11.

Shares of Bharat Electronics, Hindustan Aeronautics, and BHEL fell up to 7% following the Union Budget FY26's disappointing defense allocation of Rs 4.92 lakh crore. Market expectations for a higher increase were unmet, dampening sentiment in the defense sector. Other defense stocks, including Paras Defense and MTAR Technologies, also saw significant losses due to conservative spending plans.

Defense stocks fell up to 9% after the governments Rs 4.92 lakh crore defense budget for FY26 disappointed investors. HAL, BEL, BHEL, and Bharat Dynamics declined as capital expenditure growth remained modest. Analysts expected higher allocations. The market also turned negative post-budget.

Union Budget 2025 special trading session: Vijayakumar said the market will be looking for growth stimulating measures and not market-related taxation reliefs like changes in the capital gains taxation.

Unimech Aerospace is offering shares in the price band of Rs 745-785 apiece which can be applied for a minimum of 19 shares and its multiples to raise Rs 500 crore.

The IPO of Unimech Aerospace and Manufacturing is a combination a fresh equity issue of up to ₹250 crore and an offer of sale of ₹250 crore by promoters.

MTAR Technologies Limited has secured a significant ₹15.4 crore order from the Defence Research & Development Laboratory to produce full-scale and sub-scale combustors for cutting-edge air-breathing engine technology.

Retail investors hold up to 45.5% stake in these 3 stocks which have under-performed thus far in 2024. What should be your trading strategy here? Find out

Several major companies, such as Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric, are set to release their June quarter earnings reports this week.

Sensex, Nifty updates on 8 August 2024 - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 8 August 2024

MTAR Technologies share price today. The stock fell 15.98 per cent to hit a low of Rs 1,732 on BSE. Motilal Oswal said the company's March quarter results were weak in terms of operating performance.

Indian shares closed marginally higher in a special session conducted on Saturday for stock exchanges to test a failsafe system for equity trading.

The NSE Nifty 50 settled 0.14% higher at 22,368, while the S&P BSE Sensex rose 0.12% to 73,738. They have gained about 1.7% each over the past three sessions.

Sensex dropped 0.15% to settle at 73,904. Nifty dipped 9 points to 22,453.30. Nifty formed back-to-back Doji patterns on the daily chart, typically indicating a pause before the next move.

The BSE smallcap index has crashed about 13.5 per cent from its 52-week high, while the BSE midcap index is down about 7 per cent from those levels.

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.

Indian shares fell on Wednesday, led by information technology and financials, after hotter-than-expected U.S. inflation fuelled concerns of further delay in interest rate cuts, weighing on...

Stocks to watch: Check out the companies making headlines before the opening bell today, on February 14, 2024.