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Buy Retained On MTAR By Motilal Oswal, Sees 35% Upside; Here's Why

Motilal Oswal believes the BE-related headwind is over now, and going ahead, strong order flows and agreements by BE should boost the business scenario for MTAR.

<div class="paragraphs"><p>As the largest supplier of fuel cell components to BE (global leader), MTAR will benefit from the emerging demand for fuel cells in the coming years (Source: MTAR Technologies website)</p></div>
As the largest supplier of fuel cell components to BE (global leader), MTAR will benefit from the emerging demand for fuel cells in the coming years (Source: MTAR Technologies website)
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