MTAR Technologies Secures ₹126.74 Crore Nuclear Orders; Shares Rise 2.68%

Mumbai August, 26: MTAR Technologies Limited has received purchase orders worth ₹126.74 crore from Nuclear Power Corporation of India Limited (NPCIL) for the supply of coolant channel assemblies for reactor refurbishment, while its shares moved higher in early trading.

According to the company’s exchange filing dated August 26, 2026, the orders have been awarded by NPCIL, a domestic entity, and cover the supply of coolant channel assemblies for reactor refurbishment.

The company said the orders are a continuation of its regular business with the existing customer. The orders are classified as purchase orders and are domestic in nature, with execution scheduled up to May 26, 2028.

The filing also states that the promoter or promoter group has no interest in the entity awarding the orders. The orders will not fall within related-party transactions.

In a separate company communication, MTAR said the latest orders relate to the civil nuclear power sector and involve coolant channel assemblies for refurbishment of the RAPS-4 and MAPS-2 reactors.

Stock Market Snapshot

MTAR Technologies share price was at ₹7,114, up ₹185.50 or 2.68%, as of 9:18 AM IST on August 26, 2026, according to the market data provided.

The stock opened around ₹7,100 and moved higher soon after the market opened. It reached ₹7,114 by the cited timestamp, with the early gain coming alongside the company’s disclosure of the ₹126.74 crore order win.

The shares had been trading around the ₹7,000 to ₹7,050 range in the preceding portion of the session before the latest upward move.

About MTAR Technologies

MTAR Technologies is an engineering company supplying precision components and assemblies for sectors including nuclear power, clean energy and aerospace.

The latest order reinforces its presence in the civil nuclear segment. MTAR said its closing nuclear order book stood at more than ₹775 crore, the highest level in the company’s history, and that it expects continued order opportunities from the sector.

The company also said the latest business forms part of its ongoing engagement with NPCIL, rather than representing a related-party transaction.

Conclusion

MTAR Technologies has added ₹126.74 crore of purchase orders from NPCIL for coolant channel assemblies linked to reactor refurbishment, with execution extending through May 26, 2028.

The order strengthens the company’s existing position in the civil nuclear sector and adds to its stated nuclear order book of more than ₹775 crore. MTAR Technologies shares were trading 2.68% higher at ₹7,114 as of 9:18 AM IST on August 26, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/MTARTECH/Mtar-Technologies-Limited
• https://nsearchives.nseindia.com/corporate/MTARTECH_26082026090645_Disclosure-_bagging_of_orders_Final.pdf