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MTAR Technologies Stock Rebounds 13% as Bloom Energy Project Scare Eases—But Valuation Risk Remains

Mumbai, June 13, 2026, 03:33 IST MTAR Technologies Ltd shares staged a sharp comeback on Friday, with the stock last traded at ₹7,159.50, up 13.54%, according to market data published by The Economic Times. The move reversed part of a two-day slide sparked by worries that a large U.S. data-centre project tied to Bloom Energy could face delays, raising questions about future demand for components supplied by the Hyderabad-based precision engineering company. (The Economic Times) The selling pressure started after reports that Crusoe Energy Systems had paused development activity on a planned 1.8-gigawatt data-centre campus in Cheyenne, Wyoming. Business Standard

The post MTAR Technologies Stock Rebounds 13% as Bloom Energy Project Scare Eases—But Valuation Risk Remains appeared first on India Stocks Daily.

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