Short term swing trade (B): Capital Goods stock | 7-8% target | Indian stock trading tips on 12 Nov 2025

NOTE

Closing Price: ₹2592 (as of Nov 11, 2025)
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/

Q2 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Revenue Growth Upgraded to 30–35% – Management raised FY26 growth outlook, showing strong confidence in faster execution and robust demand.
Big Jump Expected in H2 – Revenue in the second half is expected to be nearly double the first half, driven by large scheduled deliveries in clean energy, nuclear, and aerospace.
Record Order Book of ₹2,800 Crore – Strong inflow of new orders from clean energy and nuclear sectors gives solid long-term visibility.
Margins to Rebound to 21% – Q2 margins dipped due to inventory buildup, but management expects a strong recovery as sales ramp up in H2.
Strong Momentum in Nuclear & Aerospace – Both segments are expanding fast, making the business more diversified and less dependent on any single segment.

Financial Highlights

Metric	Q2 FY26	Q1 FY26	Q2 FY25	QoQ Change	YoY Change
Revenue (₹ Cr)	135.6	156.6	187.08	-21.00 (-13.41%)	-51.48 (-27.52%)
Net Profit (₹ Cr)	4.2	10.8	18.77	-6.60 (-61.11%)	-14.57 (-77.62%)
EPS (₹)	1.38	3.65	6.1	-2.27 (-62.19%)	-4.72 (-77.38%)
EBITDA (₹ Cr)	17	28.4	38.27	-11.40 (-40.14%)	-21.27 (-55.58%)
EBITDA Margin (%)	12.65	18.13	19.68	-5.48 bps (-30.23%)	-7.03 bps (-35.72%)

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Technical Analysis

Key Observations

After a long consolidation, the stock has formed a clean rounding-bottom pattern.
Once it crossed above the neckline, the price pulled back for a healthy retest and is now positioned for a potential upside move.

For traders using swing trading strategies for Indian stocks, spotting a clear breakout with rising volumes can be the start of a quick, rewarding move.

Technical Image - Daily Timeframe

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	69.26	Neutral
CCI-14	127.33	Overbought
MFI	77.97	Neutral
ROC	13.12	Positive
Stochastic %K	76.97	Neutral
William %R	-4.35	Overbought

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
5 EMA	2484.46	Above
10 EMA	2433.61	Above
20 EMA	2318.09	Above
50 EMA	2060.37	Above
100 EMA	1851.23	Above
200 EMA	1743.71	Above

Conclusion

MTAR Technologies Stock Price Forecast

Based on our positional calls Indian stock market, the MTAR Technologies Stock Price target will be INR 2700 - INR 2750 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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