Deals20 Dec 2024, 01:56 pm
MTAR Technologies Ltd Bags Rs. 226 Crs of Orders in Clean Energy and Aerospace Segments
AI Summary
MTAR Technologies Ltd has received orders worth Rs. 226 Crs in Clean Energy and Aerospace segments. This includes Rs. 191 Crs of orders for various products from Bloom Energy in the Clean Energy sector and Rs. 35 Crs of orders from reputed customers in Aerospace including Rafael, IMI Systems, and IAI. The orders are expected to be executed within the time period of one year to April 2026.
Key Highlights
- MTAR Technologies Ltd has received orders worth Rs. 226 Crs in Clean Energy and Aerospace segments
- Orders include Rs. 191 Crs from Bloom Energy in the Clean Energy sector and Rs. 35 Crs from reputed customers in Aerospace
- Orders are expected to be executed within the time period of one year to April 2026
- MTAR's increasing market share in Clean Energy and Aerospace sectors
- Optimism about growth in Clean Energy and Aerospace verticals