In a sea of red, how a smallcap defence company delivered multibagger returns this year
The Economic Times·2026-04-29 12:20
The rally stands out because it has come at a time when broader indices have corrected sharply, with midcaps and largecaps failing to produce meaningful outsized returns. Outside of a few speculative pockets, The stock is now trading above Rs 5,300, extending a sharp uptrend that has surprised many investors who had largely classified the company as a niche defence supplier. But that label no longer fully explains the scale of the rally.A key driver behind the surge is MTAR's positioning in the global clea ...