MTAR Technologies – A wager on innovation meeting economies of scale

Sharing some facts –

1. Company lives to its guidance. As others pointed out, mgmt is conservative. If you notice, they up the guidance thrice and is on track to achieve it

2. Promoters stake sale – they clarified this in an interview and Ankit posted a link in his first post. Co is a 51 year old company. Promoters selling stake have not been involved in the Co for several years! Post the sale, co has still been churning robust performance (note that capital goods Cos generally have H2 better than H1 because execution cycle)