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
MTAR Technologies Stock Surges 230% in 2026 Amid AI Data Centre Optimism Shares of MTAR Technologies climbed 7% to a new 52-week high of ₹8,025 on 21 May 2026, marking a significant rally that has seen the stock rise over 230% year-to-date. The surge outperformed its sector by 2.82% and extended a two-day rally of more than 14%, reflecting strong investor confidence. Over the past month, MTAR shares gained over 54%, while the broader Sensex declined 4.75%, highlighting the stock’s exceptional performance. The stock has also gained nearly 204% in six months and nearly 382% over the past 12 months, positioning it as a standout in a volatile market. The rally is driven by robust financial results, revised growth guidance, and growing exposure to AI infrastructure demand. For FY26, MTAR reported revenue growth of 29.6% year-on-year to ₹876.2 crore, with EBITDA rising 41.7% to ₹171.2 crore. Profit before tax surged 75.1% to ₹126.1 crore, and profit after tax climbed 76.2% to ₹94 crore. The March quarter saw even stronger performance, with revenue up 67.2% to ₹306.1 crore, EBITDA rising 80.9% to ₹61.8 crore, and net profit jumping 222.3% to ₹44.3 crore. Sequentially, revenue grew 10.1%, and profit increased 27.7%, underscoring the company’s momentum. Managing Director P Srinivas Reddy raised FY27 revenue growth guidance from 50% to over 80%, with a possible 5% variation. The company also expects EBITDA margins to remain around 24%, supported by capacity expansion in clean energy and other verticals. These projections have bolstered investor sentiment, as MTAR’s order pipeline is projected to reach nearly ₹5,000 crore by FY27-end. A key factor behind the stock’s rise is its growing role in AI data centre infrastructure.#blackrock #sensex #mtar_technologies #psrinivas_reddy #bloom_energy
