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MTAR Technologies trades just below 52-week high after shares jump 17% this week

Hyderabad, June 22, 2026, 01:38 (IST) MTAR Technologies heads into Monday trading close to its 52-week high. Shares of the precision engineering firm jumped nearly 17% last week. The stock hit ₹8,714 on Friday before giving up gains to finish at ₹8,374.50. (Sharekhan) Nifty 50 outperformed this week, up about 1.7%, but dropped 0.64% on Friday. That left a wide gap with MTAR, showing the company’s move was less about the market rally and more about its own outlook. “Near-term consolidation looks likely” for the benchmark, said Rupak De, senior technical analyst at LKP Securities. (Reuters) MTAR’s outlook was put

The post MTAR Technologies trades just below 52-week high after shares jump 17% this week appeared first on India Stocks Daily.

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