MTAR Technologies falls 5%, extends 4-day slide to 20%

MTAR Technologies shares fell 5 percent, extending the four-day slide to 20 percent. The decline coincides with changes in shareholding pattern for the June 2026 quarter, with promoter holding falling to 29.36 percent from 30.44 percent and mutual fund ownership dropping to 20.36 percent from 23.49 percent, while FII stake rose sharply to 24.80 percent from 17.31 percent. The stock trades at premium valuations of P/E 187.9 and P/B 21.48, though analysts maintain a Strong Buy consensus with a target implying 28.1 percent upside.