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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.
Charting 6G Road Map: Talks soon with focus on desi tech and patents
India is initiating plans for a 6G mobile communication transition. Discussions will focus on developing local technology and fostering research. The goal is to integrate AI and ensure universal coverage, including remote areas. India aims for a significant share of global 6G patents. Preparations are underway for a future rollout.
Nuvama gets nod for MF biz, eyes SIF foray; CMR Green shares up 29%
Nuvama gets Sebi approval to enter the mutual fund business, while CMR Green Technologies surges 29% on debut after a heavily subscribed IPO
Black Box Ltd leads gainers in 'A' group
Easy Trip Planners Ltd, Cartrade Tech Ltd, CCL Products (India) Ltd and Inox India Ltd are among the other gainers in the BSE's 'A' group today, 10 June 2026.
Stock Alert: KRN Heat, Patanjali Foods, Bharti Airtel, Dixon Tech, Glenmark Pharma, Bharti Hexacom
Securities in F&O Ban:
GRM Overseas Ltd leads losers in 'B' group
Bafna Pharmaceuticals Ltd, Agri-Tech (India) Ltd, Master Trust Ltd and Alacrity Securities Ltd are among the other losers in the BSE's 'B' group today, 09 June 2026.
Sriven Multi-Tech reports standalone net loss of Rs 0.06 crore in the March 2026 quarter
Sales decline 93.33% to Rs 0.01 crore
Ficci proposes 700MW PHWR tech transfer framework to boost nuclear energy investment
Indian industry is pushing for a clear framework to license and transfer technology for indigenous 700MW PHWR reactors to private players. This move aims to accelerate nuclear capacity expansion and attract vital investment. Ficci highlighted that structured technology transfer and licensing are crucial for faster project deployment and mobilising capital, ultimately strengthening India's nuclear power programme and project viability.