MTAR Technologies shares fell sharply after its key client, Bloom Energy, saw its stock tumble in the US market following the suspension of a major data centre project. The facility was expected to be powered by 900 MW of Bloom Energy fuel cells alongside grid electricity. The selloff in MTAR comes despite the stock rallying more than 280% over the past year.

MTAR Technologies shares fell sharply after its key client, Bloom Energy, saw its stock tumble in the US market following the suspension of a major data centre project. The…

MTAR Tech shares rebounded 12% after a sharp two-day fall triggered by concerns over a potential project pause linked to Bloom Energy. The company clarified no such communication…