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Prabhudas Lilladher Report
We are positive on MTAR Technologies IPO issue as we see reasonable listing gains given -
- precision engineering manufacturing capabilities (close tolerances 5-10 microns) with timely delivery,
- reasonable costing,
- strong client base and
- enormous opportunity in clean energy, nuclear, defence and space sectors.
The company's engineering capability evolved over decades, has enabled it to consistently offer quality complex precision components and assemblies, within stipulated timelines and at a reasonable cost; allowing to forge a robust relationship with customers.
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