financetom
Business
financetom
/
Business
/
Large block deal at MTAR Technologies: Shares may have been sold by FABMOHUR, says MD
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Large block deal at MTAR Technologies: Shares may have been sold by FABMOHUR, says MD
Mar 25, 2022 9:25 AM

A 9.35 percent equity changed hands in MTAR Technologies. There was a large change of equity at an average price of a Rs 1,798. Srinivas Reddy, Managing Director at MTAR Technologies discussed this further.

There is information that FABMOHUR is selling a certain number of shares. They were investors much before the initial public offering (IPO), he said.

Also Read:

What is EV fast charging and how is it different from normal charging?

The investors have changed hands; other than that there are no other shares sold by any promoters at this point of time, he said.

He is confident of achieving 50 percent of revenue growth for next year.

For the full interview, watch the accompanying video

Catch all stock market updates here

First Published:Mar 25, 2022 5:25 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Meta's Zuckerberg Discloses AI 'Superintelligence' Effort
Market Chatter: Meta's Zuckerberg Discloses AI 'Superintelligence' Effort
Jun 30, 2025
01:54 PM EDT, 06/30/2025 (MT Newswires) -- Meta Platforms ( META ) Chief Executive Mark Zuckerberg said the company is reorganizing its artificial intelligence group with a focus on developing AI superintelligence, referring to systems that can perform tasks as well as or better than humans, Bloomberg reported Monday, citing an internal memo. The new unit, called Meta Superintelligence Labs,...
--Meta Discloses AI 'Superintelligence' Effort, More Hires, Bloomberg Reports
--Meta Discloses AI 'Superintelligence' Effort, More Hires, Bloomberg Reports
Jun 30, 2025
01:41 PM EDT, 06/30/2025 (MT Newswires) -- Price: 740.47, Change: +6.84, Percent Change: +0.93 ...
France, Spain, others agree to tax premium flyers, private jets
France, Spain, others agree to tax premium flyers, private jets
Jun 30, 2025
* Kenya, Barbados, Benin, Somalia also back plan * Announced at major UN development conference * Aim is to 'foster international solidarity', Spanish PM says By David Latona and Simon Jessop SEVILLE, Spain June 30 (Reuters) - A group of countries including France, Kenya, Spain and Barbados pledged on Monday to tax premium-class flying and private jets in a bid...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved