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Priyam Mehta

8th Apr · SEBI-Registered Analyst

MTARTECH
MTAR Technologies share price target: Motilal Oswal has reiterated its 'Buy' rating on MTAR Technologies, calling it a proxy for compounding global data center demand. The brokerage has set a target price of ₹4,810, implying an upside of more than ₹1,100 per share or 31 per cent from the previous close of ₹3,683.40. Meanwhile, MTAR Technologies shares traded 1.5 per cent higher at ₹3,738 in early morning deals today on the National Stock Exchange (NSE). According to Motilal Oswal, MTAR Technologies is firmly positioning itself as the indirect beneficiary of the global AI infrastructure wave. The world is building data centers at an unforeseen pace with 100 GW of new capacity expected during 2026-2030 (14-18 per cent CAGR).

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