Motilal Oswal Reiterates Buy on MTAR Technologies, Sets Rs 9,000 Target

Motilal Oswal’s research report cites MTAR Technologies’ 2QFY27 revenue and EBITDA growth of 2.9x and 5.8x year over year, respectively. Fuel cells accounted for 57% of revenue, while Aerospace & Defense accounted for 11%.