MTAR Technologies shares fell nearly 4% despite reporting a sharp 223% jump in Q4 net profit, driven by strong revenue growth and improved operational performance. While costs rose during the quarter, margins improved, reflecting efficiency gains. The company continues to benefit from demand across aerospace, defence and clean energy segments.
US stocks today: Nasdaq jumps over 1% as chip stocks rally, investors eye AI earnings
U.S. stocks rose sharply, led by chipmakers like Broadcom on AI-driven optimism and a strong earnings outlook. Microsoft fell after announcing job cuts, while investors