Industrials
Mtar Technologies Limited (MTARTECH) edges up 8% intraday
Mtar Technologies Limited (NSE: MTARTECH) gains 8% intraday, approaching support at ₹8320.0. The stock is near its 6-month resistance but has not cleared it.
Mtar Technologies Limited (MTARTECH) edges up from support zone, gaining +8% intraday to approach ₹8320.0 on the NSE on 18 Jun 2026. The move comes as the stock recovers from a breakdown, nearing its 6M support trendline at ₹8250. This recovery is likely driven by the company’s robust outlook and strategic plans, as highlighted in recent corporate announcements and the Q4FY26 concall. Mtar Technologies, a key player in the specialty industrial machinery sector, is showing resilience despite broader market volatility, indicating a company-specific rally rather than sector-wide momentum.
Technical setup — trendlines & DMA
Currently, MTARTECH is approaching its 6M support trendline, which ends at ₹8249.59, just 0.85% below today’s price. The resistance trendline stands at ₹8699.58, 4.56% above the current price. The stock is notably extended, trading 30% above its 50-DMA of ₹6421.5, suggesting a stretched move. However, the 50-DMA is above the 200-DMA of ₹3643.6, indicating a bullish trend. The stock is in the upper third of its 52-week range, reflecting substantial price appreciation and suggesting that much of the potential upside may already be priced in.
Snapshot: ₹8,320.00 on 2026-06-18 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 270.2 and profit margins at 10.7%, MTARTECH’s valuation appears stretched relative to its current earnings, especially given the declining profit CAGR of -3.1% over the past five years. However, the company’s revenue CAGR of 15.4% indicates strong top-line growth, which may justify the high PE to some extent. Institutional ownership stands at 32.4%, suggesting that smart money sees value in the company despite its high valuation. There is no specific NSE catalyst today, but the recent corporate announcements and Q4FY26 concall provide a clear picture of the company’s strategic direction and growth prospects.
Algorithmic scorecard
The overall algorithmic scorecard reflects a technically strong but fundamentally weaker profile for MTARTECH. Two of the strongest signals are the bullish trend, with the 50-day average above the 200-day average, and the excellent yearly performance, with the stock gaining 354.8% in the last year. These signals indicate robust momentum and positive market sentiment. On the weaker side, the negligible dividend yield of 0% and the declining profit CAGR of -3.1% over the past five years represent significant risks. The former suggests a lack of income generation for investors, while the latter indicates potential challenges in maintaining profitability despite revenue growth.
Company outlook
Mtar Technologies has raised its revenue growth guidance for FY ’27 from 50% to 80% plus, with EBITDA margins expected to be around 24%. The company anticipates an order book closing at nearly INR5,000 crores by the end of FY ’27. The clean energy sector is projected to contribute around 70% of the revenue growth, with significant contributions also expected from the nuclear and defense sectors. The company plans to enter into long-term contracts with international customers for AI data centers and is gearing up capacities in the defense and aerospace sector. Additionally, Mtar Technologies is investing INR250 crores to INR300 crores in building additional capacities for a major customer in the clean energy sector. The company aims to maintain a debt-to-equity ratio of around 0.5 for the next two years and expects operating leverage to improve due to increased revenues and volumes.
Get all details on MTARTECH — P&L, peers, shareholding and more on TradeAlone.
AWFIS
Awfis Space Solutions Limited (awfis) Launches New Elite Centre in Aerocity
Awfis Space Solutions Limited (AWFIS) adds 1,00,000 sq. ft. of premium workspace with its new Elite Centre in Aerocity, New Delhi.
Awfis Space Solutions Limited (AWFIS) has launched a new centre under its premium workspace portfolio, Elite by Awfis, at Prestige Trade Centre, Aerocity, New Delhi. Spanning ~1,00,000 sq. ft. of chargeable area, the centre offers a combination of built-to-suit and ready-to-move-in spaces designed for global capability centres (GCCs) and enterprise occupiers. Moreover, it brings together world-class infrastructure, hospitality-led services and wellbeing-focused design. Notably, its proximity to IGI Airport and the Aerocity Metro Station on the Airport Express Line provides seamless connectivity to key business and travel hubs across the city.
Premium Workspace Features
At Elite – Aerocity, design goes beyond aesthetics to shape how people work, connect and recharge. The space brings together thoughtfully designed environments, including the Nexus Lounge for collaboration and brainstorming, Biophilic Pods that introduce natural elements to support focus and wellbeing, purpose-built Meeting Rooms for formal and collaborative sessions, and the Epicentre, an open setting for conversation, reflection and informal interaction. Dedicated podcast rooms further add to the centre’s range of spaces designed for different ways of working and connecting. As a result, these elements reflect Elite’s approach to creating a workplace that seamlessly blends hospitality, technology and design.
Strategic Business District
Commenting on the launch, Amit Ramani, Chairman & Managing Director, Awfis Space Solutions Ltd., said, ‘Aerocity has emerged as one of Delhi NCR’s most strategic business districts, drawing strong demand from global capability centres, large enterprises and technology companies seeking premium, well-connected workspaces. Our new Elite centre reflects our continued commitment to building global-standard workplaces that combine world-class infrastructure with a strong focus on hospitality and wellbeing. We aim to offer occupiers in the region a workspace experience that matches the scale and ambitions of their business.’ The launch of Elite at Aerocity is part of Awfis’ broader premiumisation strategy, with its premium portfolio now comprising 37 centres across India.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Awfis Space Solutions Limited
Awfis Space Solutions Limited belongs to the Industrials › Rental & Leasing Services sector. Here’s a quick read on where the business and the stock stand today.
Awfis falls 14.1% over three months and has not found a floor yet. Thin margins at 5.4% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock sits at 9% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 39.9% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Awfis Space Solutions Limited.
Industrials
Rites Limited (NSE: Rites) Collaborates with Nhidcl to Boost Highway & Infrastructure Projects
RITES Limited (NSE: RITES) collaborates with NHIDCL to enhance highway and infrastructure projects, offering specialized consultancy services.
RITES Limited (NSE: RITES), a leading multidisciplinary engineering and consultancy organization, has signed a Memorandum of Understanding (MoU) with National Highways & Infrastructure Development Corporation Limited (NHIDCL) to provide specialized consultancy and technical support services for the planning, development, construction, and maintenance of highway and infrastructure projects across North-East and other strategic areas.
Scope of Collaboration
Under this agreement, RITES will provide a broad spectrum of consultancy services, including preparation of Detailed Project Reports (DPRs) for highways and tunnels, external technical audits and third-party quality assurance, structural health assessments of bridges and flyovers, technical support unit services, road safety audits, crash investigation and mitigation planning, slope stability studies, and design services, along with Authority Engineering services for highway, tunnel, and slope stability projects.
Strategic Partnership
The MoU establishes a framework to enhance project planning, engineering excellence, construction quality, and safety standards across NHIDCL’s infrastructure portfolio. By bringing together NHIDCL’s expertise in developing national highways and strategic infrastructure with RITES’ extensive experience in transport infrastructure consultancy, the partnership aims at supporting the timely and efficient delivery of critical projects that drive regional connectivity and growth.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of RITES Limited
RITES Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
RITES moves sideways over three months, with neither buyers nor sellers taking control. D/E of 0.00 and a 5.41% dividend yield give the balance sheet a decent cushion. A 5.41% dividend yield is exceptional — this stock acts like a high-yield bond with equity upside. The stock holds at 30% of its 52-week range with RSI at 33. In other words, neither side has a clear edge right now. Revenue grows at -2.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of RITES Limited.
Industrials
Raymond Limited (raymond) Expands Aerospace Capabilities with Entry into Aircraft Structures
Raymond Limited (RAYMOND) expands its aerospace capabilities with entry into aircraft structures, marking a significant milestone in its aerospace and defenc.
Raymond Limited (RAYMOND) has achieved a significant milestone in its Aerospace & Defence journey with its subsidiary JK Maini Global Aerospace Limited emerging as successful in the tender process for the assembly of wing structures and centre fuselage structures for a major indigenous fighter aircraft programme.
Strategic Expansion into Aircraft Structures
This development marks Raymond’s proposed entry into the aircraft structures vertical, expanding its capabilities beyond precision manufacturing into complex, higher-value aircraft assemblies. The programme is envisaged to leverage the customer’s existing infrastructure, enabling Raymond to develop capability and establish execution credentials while maintaining a capital-efficient approach.
Execution Excellence and Future Opportunities
Rakesh Tiwary, Group CFO, Raymond Group, said: “This opportunity is strategically much larger than its immediate business potential. It provides Raymond an entry into the high-value aircraft structures segment while maintaining capital efficiency. More importantly, it gives us an opportunity to establish critical execution credentials that can position Raymond’s subsidiaries for participation in larger aerospace programmes in India and globally. Our focus will be on execution excellence and building this capability into a scalable growth platform.”
Raymond Limited now has two core businesses within the Engineering vertical – Aerospace and Defence & Tools and Auto Components. With the acquisition of Maini Precision Products Limited (MPPL), Raymond’s engineering business has forayed into the sunrise sectors of Aerospace and Defence. This move positions Raymond to cater to both international and domestic markets.
As a diversified Indian conglomerate, Raymond Group is transforming into a new-age enterprise, building businesses with strong technology, manufacturing capabilities, execution excellence, and long-term growth potential. To know more, visit us today at www.raymond.in
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Raymond Limited
Raymond Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.
Raymond gains 84.2% over three months and trades near its 52-week highs. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The PEG of 1.45 sits close to fair value. The stock is neither a clear buy nor obviously expensive. RSI hits 84, a level that signals the stock runs hot. Notably, buyers drove volume on 16 recent sessions — though at these levels, some profit-taking is normal. The stock rises 84.2% in three months on -36.0% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Raymond Limited.
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