Rs 2,394.9 Crore Order Book: Defence & Space Company Secures Rs 35.56 Crore Order from International Entity

On Wednesday, Indian markets opened on a positive note, with the Nifty 50 rising 2.40 per cent to 22,867 as of 10:15 AM. Amid the broader market strength, MTAR Technologies share price also gained 4.25 per cent to trade at Rs 3,615. Separately, the company disclosed in an exchange filing that it had secured purchase orders worth Rs 35.56 crore from an international entity in the energy sector for data centre projects, marking the addition of a new customer.

MTAR Technologies Order Book Details

MTAR Technologies has secured purchase orders worth Rs 35.56 crore from an international entity in the energy sector for data centre projects, marking a new customer addition for the company.

The orders involve the supply of various products for data centre infrastructure and will be executed on a staggered basis through December 4, 2026, the company said. The customer’s name has not been disclosed due to confidentiality obligations.

MTAR clarified that the promoter, promoter group, or group companies have no interest in the entity awarding the contract. The company also confirmed that the order does not fall under related party transactions.

MTAR Technologies Management Commentary 

Commenting on the development, Parvat Srinivas Reddy, Managing Director, said, “We are focused on expanding our footprint in the energy sector and addressing the growing demand from data centres. We expect additional orders from this customer upon successful delivery of these products”

About MTAR Technologies

MTAR Technologies Limited is a Hyderabad-based precision engineering company serving high-technology sectors such as space, Defence, nuclear, and clean energy. Established in 1969, the company specialises in manufacturing mission-critical components with high precision and tight tolerances, supported by strong capabilities in machining, fabrication, assembly, testing, and system integration. It supplies key components for applications such as liquid propulsion engines, nuclear reactors, and electromechanical systems, catering to reputed clients including ISRO, DRDO, NPCIL, and global clean energy players. With advanced manufacturing facilities, MTAR Technologies is positioned as an important private-sector player in India’s strategic engineering ecosystem.

Disclaimer: The article is for informational purposes only and not investment advice.