Short term swing trade (B): Industrial Goods stock | 6-8% target | Indian stock trading calls on 12 May 2026

NOTE

Closing Price: ₹6,520 (as of May 11, 2026)
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
Upside Potential#: Based on median of the suggested buy range.

MTAR Technologies Ltd is a Hyderabad-based company founded in 1969. It manufactures high-precision heavy equipment and components for space, defence, nuclear, clean energy, and aerospace sectors. Its products include engines, pumps, assemblies, and critical mechanical parts used in rockets, reactors, missiles, and CNC machines, serving both Indian and global clients.

Website: https://mtar.in/

Q3 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Strong Record Revenue & Profit Growth: Management highlighted that Q3 FY26 delivered the highest-ever quarterly revenue driven by strong operational execution across key segments. Revenue and net profit saw significant YoY and sequential gains.
Robust Order Book: The company received fresh orders worth over ₹1,368 cr during the quarter, and the total order book stood at around ₹2,395 cr, providing solid revenue visibility for upcoming quarters.
Growth Across Key Sectors: Leadership emphasised strong demand in Clean Energy (Fuel Cells & Civil Nuclear), Aerospace & Defence, and other industrial segments as drivers of business momentum.
Margins Expected to Improve: Management said margins are expected to improve sequentially in coming quarters due to operating leverage and a favourable product mix skewing toward higher volume production.
Positive Outlook & Guidance: The team reaffirmed FY26 revenue guidance above ₹900 cr (around 30–35% YoY growth) and projected even stronger growth (~50%) for FY27, supported by new customer additions and capacity expansion plans.

Financial Highlights

Metric (₹ Cr)	Q3 FY26 (Dec 2025)	Q2 FY26 (Sep 2025)	QoQ Change	Q3 FY25 (Dec 2024)	YoY Change
Total Revenue	278	135.6	105.00%	174.5	59.30%
Profit Before Tax (PBT)	46.1	5.7	712.60%	21.4	115.20%
Net Profit (PAT)	34.7	4.3	717.20%	16	117.30%
EBITDA	64	17	276.60%	33.3	92.50%
Operating Income	51.4	29	77.80%	18	109.30%
EPS (₹)	12.2	1.38	784.20%	3.4	258.80%

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Technical Analysis

Key Observations

After breaking out from the Cup & Handle pattern, the stock price witnessed a strong upward surge and is now trading at its all-time high.
The prevailing bullish momentum is likely to continue, potentially driving the price to even higher levels in the near term.

Confident short term traders in India prefer setups where momentum is clear and hesitation is minimal.

Technical Image - Daily Timeframe

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	74.88	Overbought
CCI-14	97.88	Neutral
ROC	23.49	Positive
Stochastic %K	87.95	Bullish
MFI	78.62	Neutral
William %R	-14.54	Overbought

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
5 DEMA	228.94	Above
10 DEMA	220.99	Above
20 DEMA	208.55	Above
50 DEMA	190.57	Above
100 DEMA	183.54	Above
200 DEMA	184.36	Above

Conclusion

MTAR Technologies Stock Price Forecast

Based on our swing trading in stock market in India, the MTAR Technologies price target will be INR 6750 - INR 6900 in the next 12-14 trading sessions.

MONEY MANAGEMENT AND TRADING RULES

Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.
No need to rush. The recommendation remains valid for up to 7 days, not just at market open.
Use a trailing stop-loss to protect and lock in profits.
Diversify your trading capital across our other recommended stocks to reduce risk.
Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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