Why is MTAR Technologie falling/rising?
As of 26-Jun, MTAR Technologies Ltd is priced at 1,614.95, showing a slight increase but has underperformed over the past week, month, and year. Despite strong recent financial results and high management efficiency, long-term growth prospects are limited, leading to a cautious outlook compared to broader market trends.
As of 26-Jun, MTAR Technologies Ltd is currently priced at 1,614.95, reflecting a slight increase of 2.1 (0.13%). The stock has shown a trend reversal, gaining after four consecutive days of decline. However, its performance over the past week has been poor, with a return of -6.41%, and it has also underperformed over the last month and year, with returns of -0.11% and -12.21%, respectively. Despite this, the company demonstrates high management efficiency with a return on capital employed (ROCE) of 15.98% and a strong ability to service debt, indicated by a low Debt to EBITDA ratio of 0.62 times. Positive recent financial results, including a 36.80% growth in net sales and a 24.6% increase in profit after tax, along with a rise in institutional holdings, suggest some underlying strength. However, the stock's long-term growth prospects are hindered by a modest operating profit growth rate of 5.87% over the last five years and a high valuation relative to its peers.Broader market context indicates that while MTAR Technologies has seen a slight uptick in price, it has significantly lagged behind the broader market, which has generated a return of +2.94% over the past week and +7.19% year-to-date. The stock's recent price movement is in line with sector performance, but the falling investor participation, as evidenced by a 28.52% drop in delivery volume, raises concerns about market confidence. Overall, while there are some positive indicators, the stock's recent performance and longer-term challenges suggest a cautious outlook compared to the broader market trends.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
