At 12:00 pm, MTAR Tech shares had been buying and selling at Rs 1,044.50, increased by 3.1 per cent on the BSE
MTAR Tech shares soared greater than 2 per cent a day after the corporate posted a large leap in March quarter internet revenue. MTAR Technologies’ internet revenue rose 103.04 per cent to Rs 18.01 crore within the quarter ended March 2021 as towards Rs 8.87 crore throughout the corresponding quarter final 12 months. At 12:00 pm, MTAR Tech shares had been buying and selling at Rs 1,044.50, increased by 3.1 per cent on the BSE.
The firm’s gross sales rose 12.27 per cent to Rs 69.16 crore within the quarter ended March 2021 as towards Rs 61.60 crore in the identical quarter final 12 months.
On a sequential foundation, MTAR Tech’s internet gross sales revenues climbed 25.20 per cent within the quarter into account in comparison with the December 2020 quarter.
Meanwhile, the board of administrators really useful a dividend of Rs 3 per share, topic to approval of the members.
The BSE Sensex and NSE Nifty had been buying and selling increased by 0.3 per cent on the time.
