MTAR Technologies IPO - KRChoksey’s Investment Rationale
Scientists and employees view the Chandrayaan-2 spacecraft Lander module at the Indian Space Research Organization Satellite Integration and Test Establishment (ISITE) at the ISRO headquarters in Bengaluru, India. (Photographer: Karen Dias/Bloomberg)

MTAR Technologies IPO - KRChoksey’s Investment Rationale

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Research Report

MTAR Technologies is a leading national player in the precision engineering industry, primarily engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes.

Since its inception, the company has significantly expanded its product portfolio including critical assemblies i.e., liquid propulsion engines to GSLV Mark III, base shroud assembly and airframes for Agni programs, actuators for light combat aircraft, power units for fuel cells, fuel machining head, bridge and column, drive mechanisms, thimble package, etc.

A wide range of complex product portfolios meets the varied requirements of the Indian nuclear, Defense, and Space sector.

Click on the attachment to read the full report:

KRChoksey MTAR Technologies IPO Note.pdf

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