MTAR Tech Shares Drop Over 30% Amid AI Sector Sell-Off, Analysts Highlight Valuation Opportunities MTAR Technologies' stock experienced a significant decline, falling over 30% within a single month as selling pressure intensified in AI-linked equities. The stock hit a 5% lower circuit for three consecutive trading sessions, marking a 15% drop during the period and a 31.41% decline over the past month. Analysts noted that the correction has made valuations more attractive but cautioned investors to await technical signals before re-entering the market. The downturn follows a sharp rally earlier in the year, during which investors viewed MTAR Tech as a key player in the AI infrastructure supply chain. The company’s association with Bloom Energy, a provider of fuel cell solutions for AI data centers, bolstered its position in the sector. Bloom Energy’s fuel cells are set to be deployed in a proposed 1.8 GW data center project in Cheyenne, Wyoming, further strengthening MTAR Tech’s ties to the AI infrastructure space. However, the recent sell-off reflects broader weakness in AI-related stocks globally. Markets in the U.S., South Korea, and Taiwan have seen declining sentiment, which has spilled over into investor behavior toward MTAR Tech. Despite the price drop, analysts highlighted the company’s strong fundamentals. Prasenjit Paul of 129 Wealth & Research noted that MTAR Tech’s order book in defense and nuclear segments remains robust, with management projecting 50-80% revenue growth for FY27. He advised long-term investors to avoid buying during the decline unless the stock holds above its 200-day moving average of 4,750-4,800.#geojit_investments #mtar_technologies #bloom_energy #cheyenne_wyoming #129_wealth_research
