MTAR Technologies Ltd receives Rs. 19.2 Crs of orders in Clean Energy and Aerospace sectors

MTAR has received Rs. 19.2 Crs for various products in Clean Energy and Aerospace sectors. This includes orders worth Rs. 17.8 Crs in Clean Energy and Rs. 1.4 Crs in Aerospace. Nearly 4.7 Crs of orders are for the development of new products in Clean Energy and successful execution of first articles is estimated to generate a recurring revenue of Rs. 10 Crs annually. Consistent addition of new products exemplifies the company's focus on sustaining its growth trajectory and innovation.

Source : Equity Bulls

Keywords

MTARTechnologies OrderWin CleanEnergy Aerospace