MTAR Technologies — Institutional Accumulation Showing Up on Bulk Deal Tape

On 9 Jan 2026, BofA Securities Europe SA buying 206,076 shares of MTAR Technologies at around ₹2,665 per share (reported value ₹55 crore, 0.66% of paid-up equity). I looked back at MTAR’s bulk deal history and saw a pattern: 1. **Oct ’25:** BNP Paribas Financial Markets bought \~353k shares at ₹2,288. 2. **Nov ’25:** Motilal Oswal Mutual Fund (\~204k shares) & Bajaj Finserv MF (\~40k) at ₹2,444. 3. **Jan ’26:** This BofA print \~206k shares at ₹2,665. It is not just one isolated block — several named institutions have been buying meaningful clips over the past 3–4 months. Named institutions (BNP, Motilal Oswal MF, Bajaj Finserv MF, BofA) have shown up repeatedly in MTAR block deals over the last few months.The latest print from BofA at a premium price is noteworthy because it’s not just a low-priced dip buy — it came at a higher band. The stock had been in a downtrend since printing close to 2700 levels in August 2023. Something seems to have changed post Op Sindoor - specifically after August 2025, the stock has negated all the correction and now heading to all time highs again and the institutions and FPIs are beginning to do bulk deals at a progressively higher prices. This pattern is noteworthy.