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
