Stock Report

MTAR Technologies Ltd receives NADCAP certification for 100% EOU unit

Posted On : 2021-09-21 22:54:57( TIMEZONE : IST )

MTAR Technologies Ltd receives NADCAP certification for 100% EOU unit

MTAR Technologies Limited, has received NADCAP certification for its 100% Export Orient Unit (EOU) at SY No 149/P, C.I.E., Gandhinagar, Qutbullapur (M), Balanagar, Hyderabad, Telangana- 500037, India and Unit 5 at 58/C, Phase-1, IDA Jeedimetla Hyderabad, Telangana 500055, India for a period of 12 months, valid until November 2022.

Commenting on the same, Mr. Parvat Srinivas Reddy, Managing Director said, "We are delighted to inform that our company, MTAR Technologies Limited, received certification from NADCAP Management Council for chemical processing, painting & dry film coatings, and solution analysis & testing for our facilities at 100% EOU & Unit 5 in Telangana. NADCAP certification is not only expected to increase our wallet share with existing customers but also enhance our customer base. At MTAR, we continuously strive to achieve excellency in our products, process & quality offered to our diversified customers across industries."

Shares of MTAR Technologies Limited was last trading in BSE at Rs. 1401.25 as compared to the previous close of Rs. 1375.5. The total number of shares traded during the day was 29516 in over 3435 trades.

The stock hit an intraday high of Rs. 1405.5 and intraday low of 1311.2. The net turnover during the day was Rs. 39949637.

Source : Equity Bulls