MTAR Shares Dip 3% Despite ₹310 Cr Nuclear Order for Kaiga Reactors

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CNBC TV18•18-12-2025, 11:18
MTAR Shares Dip 3% Despite ₹310 Cr Nuclear Order for Kaiga Reactors
- •MTAR Technologies received an additional ₹310 crore order from Megha Engineering for Kaiga Units 5 and 6 nuclear reactors.
- •This new order brings MTAR's total orders for Kaiga 5 & 6 this month to ₹504 crore.
- •Despite the significant order, MTAR Technologies' shares traded over 3% lower.
- •Deliveries for the equipment will be staggered until February 2030, ensuring long-term revenue visibility.
- •The company raised its FY26 revenue growth guidance to 30-35% and expects strong growth in the nuclear power segment.
Why It Matters: MTAR Technologies secured a major nuclear order, yet its shares declined, raising investor questions.
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