Bengaluru, May 14 -- The shares of this company, which engages in the development and manufacturing of components and equipments for the defense, surged over 4 percent after it announced securing a key orders worth Rs 34 crores.

With a market capitalization of Rs 4,723 crores, the shares of MTAR Technologies Ltd are currently trading at Rs 1,535 per share, down by 30.3 percent from its 52-week high of Rs 2,200 per share. In the last one year, the stock has delivered a negative return of 17.26 percent.

About the order

On Wednesday, MTAR Technologies announced that it has secured a key order worth Rs 34 crores for the manufacturing and supply of various precision-engineered products in the Clean Energy and Aerospace sectors.

The clean e...