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MTAR Technologies shares gain after two days as Macquarie sees 57% upside

Shares of MTAR Technologies were in focus today after global brokerage Macquarie initiated coverage on the firm. MTAR Technologies' stock is expected to rise 57.6 per cent to Rs 1,920, according to the brokerage. Macquarie has assigned 'outperform' rating to the stock adding that MTAR Technologies is experiencing accelerated growth in end markets. The stock has gained after two days of fall. Shares of MTAR Technologies climbed 1.87 per cent to Rs 1,250 against the previous close of Rs 1218.10 on BSE.

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