Shares of MTAR Technologies Ltd. gained 12.5% to hit its 52-week high on Tuesday, October 14.

This is the stock's biggest single-day gain since February 2025. It had snapped its three-day losing streak on Monday.

As many as 23.4 lakh shares of MTAR Tech have changed hands compared to the 20-day average of 1.6 lakh shares as of 12 noon.

Brookfield backs Bloom Energy

According to reports, Brookfield has backed Bloom Energy with a $5 billion investments for fuel cells, which will power AI data centers. Bloom Energy is a key client of MTAR Tech.

The partnership launches the first phase of joint AI infrastructure vision. It is actively collaborating on the design and delivery of AI factories globally, including a site in Europe that will be announced before the end of the year.

Bloom En

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