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MTAR Tech share price: The stock soared 14.75 per cent today to hit a 52-week high of Rs 2,817.75. It eventually settled 10.97 per cent higher at Rs 2,724.90. The company recently received the 'Defence Industrial Licence' for production of various mechanical and electronic subsystems. This would facilitate the ease of doing business with foreign MNCs on various defence projects, MTAR Tech said.
MTAR Technologies share price target: JM Financial has maintained its 'Buy' rating on the stock with a revised target of Rs 2,770 on "robust credentials and strong growth outlook.
L&T was involved in this mission starting from manufacturing of subsystems to mission tracking. The Titanium tanks were delivered by Bharat Heavy Electricals Limited (BHEL).