MTAR Tech shares hit 5% upper circuit again. What’s behind the renewed optimism?

MTAR Technologies shares hit the 5% upper circuit for the second straight session after the company reported a strong Q1 performance, with net profit rising 364.5% year-on-year and revenue more than doubling. The aerospace and precision engineering company also raised growth visibility with an 80% FY27 revenue growth guidance, a Rs 504 crore nuclear order win and an expanded customer order worth around Rs 3,100 crore.