Mtar Technologies: Intimation of receipt of Merger Order
Mtar Technologies (MTARTECH) filed a disclosure titled "Intimation of receipt of Merger Order". The company is valued at about ₹22,019 crore.
What happened
Mtar Technologies (MTARTECH) filed a disclosure with the exchanges on 29 October 2026 at 04:12 PM titled "Intimation of receipt of Merger Order".
Company snapshot
Mtar Technologies is a small-cap company in the Capital Goods sector, with a market value of about ₹22,019 crore.
The stock last traded at ₹7,158.5, against a 52-week range of ₹2,217.1–₹8,714 (17.9% below the high).
Before this filing the shares had moved −4.4% over the month and +23.3% over three months. Average daily turnover over the last 20 sessions was about ₹129 crore.
Promoters held 29.36% at the end of Q1 FY27, down 1.08% points from the previous quarter; 3.52% of promoter shares were pledged. Foreign institutions owned 24.79% and domestic institutions 22.35%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 157 | 10.8 | 3.52 |
| Q2 FY26 | 136 | 4.2 | 1.38 |
| Q3 FY26 | 278 | 34.7 | 11.28 |
| Q4 FY26 | 306 | 44.3 | 14.4 |
| Q1 FY27 | 361 | 50.2 | 16.33 |
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Across 163 similar disclosures by other Capital Goods companies, shares moved −0.2% on average the next day and −0.1% over five days; 45% of them rose the next day.
Market-wide, 2,174 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 29 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.