MTAR Technologies tanks 5% despite a 25.4% surge in Q1 net profit

Shares of MTAR Technologies fell 5% on early profit-taking on Aug. 11 despite the company’s strong first-quarter results. As of 10:24 am on the NSE, the shares were trading at Rs 2191.05, down 4.24%. The precision-engineered systems maker has reported profit for the quarter ending June 2024 of Rs 20.3 billion, up 25.4 per cent …

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