MTAR Technologies Ltd receives the Defence Industrial License for Production of Various Mechancial and Electronic Subsystems

MTAR Technologies Limited receives the Defence Industrial License (DIL: 14(2023)) for production of various mechanical and electronic subsystems in Defence sector. This will facilitate the ease of doing business with foreign MNCs on various defence projects. The license will enable the company to be partner with foreign MNCs and cater to both Domestic & Export markets by taking up projects under Buy (Indian), 'Buy & Make (Indian)' & 'Make' categories of acquisition, thereby increasing the share of Defence in our revenues.

Shares of Mtar Technologies Limited was last trading in BSE at Rs. 2228.05 as compared to the previous close of Rs. 2232.80. The total number of shares traded during the day was 24581 in over 2439 trades.

The stock hit an intraday high of Rs. 2269.95 and intraday low of 2215.00. The net turnover during the day was Rs. 54745480.00.

Source : Equity Bulls

Keywords

MtarTechnologies INE864I01014 DefenceIndustrialLicense