MTAR Technologies falls 5%, extends 4-day slide to 20%

MTAR Technologies shares hit the 5% lower circuit for a fourth straight session on Tuesday, taking their four-day decline to nearly 20% and one-month loss to 31%. The sell-off came as promoter and mutual fund holdings declined in the June quarter. However, foreign institutional investors raised their stake to 24.80% from 17.31%, signalling stronger overseas participation.