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MTAR Tech tumbles as Crusoe pauses work on major AI data centre project
MTAR Technologies plunged 12.22% to Rs 6,238 after reports emerged that US-based data centre developer Crusoe has paused work on Project Jade, a large-scale AI data centre campus planned in Cheyenne, Wyoming.
MTAR Tech share price falls 11% as US client faces project uncertainty
The sharp decline in MTAR Technologies shares today followed reports that Crusoe Energy Systems LLC has paused work on a project in Wyoming, for which Bloom Energy was contracted as fuel cell supplier
Stock Crash: MTAR Tech shares drop 11% as key customer faces setback in 1.8 GW data centre project
MTAR Technologies shares fell after Crusoe Energy paused a 1.8 GW data centre project that was expected to deploy 900 MW of Bloom Energy fuel cells. Bloom Energy accounts for an estimated 55%-65% of MTAR's revenue.
MTAR Tech Falls 8% In Trade Today — Here's Why The Stock Is Falling
The decline comes even as analysts see a compelling structural case for the precision engineering company over a multi-year horizon.
MTAR Tech shares crash 9% after 280% rally in a year. What’s spooking investors today?
MTAR Technologies shares fell sharply after its key client, Bloom Energy, saw its stock tumble in the US market following the suspension of a major data centre project. The facility was expected to be powered by 900 MW of Bloom Energy fuel cells alongside grid electricity. The selloff in MTAR comes despite the stock rallying more than 280% over the past year.
MTAR Tech vs Apollo Micro Systems: Which multibagger defence stock to buy after 395% rally in 1 year
Two Indian defence stocks, MTAR Tech and Apollo Micro Systems, have delivered spectacular returns. MTAR Tech surged 395% and Apollo Micro Systems climbed 185% in a year. Analysts are now evaluating which stock offers better future prospects. Both companies operate in a booming defence sector with strong order books and growth potential.
MTAR Tech shares drop 3% after rallying 24% in 3 days. Should you buy the dip?
MTAR Technologies shares fell after witnessing profit booking following a sharp rally that pushed the stock to a record high last week. The defence and precision engineering company recently secured large international orders and raised its FY27 growth guidance, while analysts continued to maintain a bullish outlook on the stock’s technical structure.
MTAR Tech shares soar 24% in just three sessions. What’s triggering this renewed buying spree?
MTAR Technologies shares jumped, extending a three-day rally to 24%, after the company secured a Rs 467.3 crore order from an international client. The firm said the deal is part of ongoing business with an existing customer, though the client’s name remains undisclosed due to confidentiality.
MTAR Technologies shares extend rally after ₹467 crore order; shares up 398% in a year
Last week, MTAR Tech raised its FY27 revenue growth guidance to 80% from 50% earlier, led by strong order inflows from the clean energy segment and improving operating leverage.
Market Trading Guide: Buy MTAR Tech & Angel One on Friday for gains up to 12%
The Nifty faces continued weakness, resisting 20EMA, with key support at 23,400. Experts recommend two stocks to buy on dips for near-term gains: MTAR Tech (Target Rs 8,650, 12% upside) and Angel One (Target Rs 370, 9% upside). Both show strong bullish technical breakouts.
2026 multibagger MTAR Tech shares soar 18% in two days. What’s triggering the sharp surge?
MTAR Technologies shares surged to a record high after securing a significant Rs 2,279 crore international order. The company also raised its FY27 revenue growth guidance to over 80%, driven by expansions in clean energy, nuclear, and aerospace segments. This follows robust Q4 earnings and a strong full-year performance.
Dipan Mehta on Kaynes, Airtel, MTAR: Why corrections could be buying opportunities
Dipan Mehta, Director at Elixir Equities, believes sharp corrections in quality growth stocks can create buying opportunities, even after disappointing earnings. He remains positive on Kaynes Technology India despite weak quarterly numbers, citing a strong order book and semiconductor plans. He also likes Bharti Airtel and remains optimistic about AI-focused firms like Fractal Analytics and renewable energy player CleanMax Enviro Energy Solutions. Disclaimer: The views and investment tips expressed by investment experts on CNBC-TV18.com are their own and not those of the website or its management. CNBC-TV18.com advises users to consult certified experts before making any investment decisions.