NSE: MTARTECH · 4 November 2026
- MTAR Technologies has fallen 11.85% over 3 trading sessions; today's move is -4.37%.
- MTAR Technologies announced that the National Company Law Tribunal, Hyderabad Bench, approved the Scheme of Amalgamation for the merger of its wholly owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, into MTAR Technologies with an appointed date of April 1, 2025. The company accounted for this merger under the pooling of interests method for common control transactions in accordance with Ind AS 103.
- Trading volume was 4.27 times the 20-day average daily volume.
MTAR Technologies share price: 11.85% decline over 3 trading sessions
MTAR Technologies Ltd. (MTARTECH) shares declined 4.37% on Tuesday, closing at ₹6,036.50 after moving between a day's high of ₹6,377.00 and a low of ₹5,997.00.
While the broader market benchmark Nifty gained 0.63%, MTAR Technologies underperformed its broader indices amid an ongoing corrective phase. The stock has experienced a 5-day return of -13.6% and a 20-day return of -21.9%, trading well below its 52-week high of ₹8,714.00, reflecting persistent selling pressure and profit-taking following previous periods of strong outperformance.
The recent price movement follows the company's second-quarter earnings release for fiscal year 2027 reported in late October, where it posted a consolidated revenue of ₹406.8 crore and net profit of ₹59.8 crore. Additionally, MTAR announced that the National Company Law Tribunal approved the amalgamation of its wholly owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, into the parent company.
8.02 lakh shares traded by 4 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 1.88 lakh shares (4.27 times). The five-day average daily volume was 2.46 lakh shares. Separately, the NSE report for 4 November 2026 showed 4.60 lakh shares delivered, representing 57.35% of that day’s traded volume. The same report recorded 78,419 trades.
The stock's decline appears consistent with ongoing downside momentum and profit-taking following recent weekly declines, supported by high trading volume rather than a specific single same-day negative catalyst.
Latest Company Developments
MTAR Technologies announced that the National Company Law Tribunal, Hyderabad Bench, approved the Scheme of Amalgamation for the merger of its wholly owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, into MTAR Technologies with an appointed date of April 1, 2025. The company accounted for this merger under the pooling of interests method for common control transactions in accordance with Ind AS 103.
Consolidates wholly owned subsidiaries into the parent entity to streamline operational structure and financial reporting.
The company reported its unaudited financial results for the quarter ended September 30, 2026, registering revenue from operations of ₹406.8 crore and a net profit of ₹59.8 crore. Management highlighted strong order book visibility across clean energy and aerospace segments, noting that H2 FY27 is expected to remain robust in line with annual guidance.
Provides updated fundamental performance metrics and revenue visibility for ongoing financial evaluation.
MTAR Technologies submitted a revised investor presentation for the performance review of the quarter ended September 30, 2026, after identifying inadvertent classification errors in revenue slides, order book details, and foreign institutional investor shareholding patterns. The management rectified these errors to ensure disclosure accuracy.
Ensures that stakeholders rely on corrected operational metrics and order book figures presented by management.
Investors Press Release on the Unaudited financial results for the Quarter and Half- Year ended 30.09.2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 24.22% on 30 September 2026. This compares with 20.36% on 30 June 2026, a change of +3.86 percentage points.
The filing reported 25 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on the ₹504 crore Kaiga 5 & 6 nuclear project order inflow
- Order execution and first article qualification timelines for data centre infrastructure solutions with SLB
- Delivery volume and cash participation trends against the 20-day average volume
- Management commentary adherence regarding H2 FY27 revenue growth guidance
Other Dated Coverage
- MTAR Technologies Share Price Today: Falls 11.85% in 3 Trading Sessions | 3 November 2026 — 3 November 2026
- MTAR Technologies Share Price Today: Why MTARTECH Is Falling 4.82% | 2 November 2026 — 2 November 2026
- MTAR Technologies Share Price Today: Why MTARTECH Is Falling 4.48% | 30 October 2026 — 30 October 2026
More MTAR Technologies news and dated analysis →
Frequently Asked Questions
What is the latest MTAR Technologies company news?
MTAR Technologies announced that the National Company Law Tribunal, Hyderabad Bench, approved the Scheme of Amalgamation for the merger of its wholly owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, into MTAR Technologies with an appointed date of April 1, 2025. The company accounted for this merger under the pooling of interests method for common control transactions in accordance with Ind AS 103.
How strong was MTAR Technologies’s trading volume?
8.02 lakh shares traded, 4.27 times the 20-day average daily volume. The price and volume data are dated 4 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.