MTAR Technologies IPO - Huge Opportunities From Clean Energy Bodes Well: Reliance Securities
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Reliance Securities Report
MTAR Technologies Ltd., incorporated in 1999, is a leading precision engineering solutions company.
It manufactures mission critical precision components with close tolerances (five to 10 microns) and in critical assemblies to serve projects of high national importance.
The company primarily serves customers in the clean energy, nuclear and space and defence sectors.
Currently, MTAR has seven state-of-the-art manufacturing facilities in Hyderabad, Telangana that undertake precision machining, assembly, specialized fabrication, brazing and heat treatment, testing and quality control and other specialized processes.
Indian Space Research Organisation, Nuclear Power Corporation of India Ltd., Defence Research and Development Organisation, Bloom Energy, Rafael and Elbit etc. are some of its esteem clients.
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