Announced Mon, 15 Jun · 11:19 IST
MTAR Tech denies order cancellation rumours; order book remains healthy
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MTARTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+8.3%1-day move
₹7147.00
prior close
₹7318.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.4+0.5+1.2+8.3+16.4+15.9+17.3+15.8+9.1-2.4-6.3——
Up moveDown movePending
AI summary
BSE sought clarification on a CNBC-TV18 report about MTAR Tech rebounding 10% on Bloom Energy project clarity. The company clarified that its MD confirmed no customer has communicated any order cancellation, reduction, or deferment. The order book remains healthy, capacity expansion is on track, and there are no undisclosed material events. Social media reports about order cancellations have no official basis from the customer or the company. No regulatory or legal proceedings require disclosure.
Likely market impact
Positive clarification addressing cancellation concerns; likely supports investor confidence and reduces stock volatility.