PTC Industries surges on bagging order from ARDE
PTC Industries is currently trading at Rs. 18125.70, up by 323.35 points or 1.82% from its previous closing of Rs. 17802.35 on the BSE.
The scrip opened at Rs. 17679.50 and has touched a high and low of Rs. 18,555.00 and Rs. 17600.00 respectively. So far 690 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 19863.00 on 03-Jun-2026 and a 52 week low of Rs. 13300.00 on 21-Aug-2025.
Last one week high and low of the scrip stood at Rs. 18,555.00 and Rs. 17331.35 respectively. The current market cap of the company is Rs. 26759.83 crore.
The promoters holding in the company stood at 59.72%, while Institutions and Non-Institutions held 13.01% and 27.27% respectively.
PTC Industries has received a design and development order from the Armament Research & Development Establishment (ARDE), a laboratory of the Defence Research and Development Organisation (DRDO), for a Titanium Cradle for the 105mm Indian Light Weight Tank. ARDE is engaged in the development of advanced armament systems for Indian defence applications. The present order relates to the design and development of a critical Titanium component for a lightweight armament system being developed for the Indian Light Weight Tank programme.
This order represents a significant milestone in PTC’s evolution. Unlike traditional build-to-print assignments, where the customer provides a defined design and the manufacturer is responsible for execution, this order requires PTC to participate in the design and development of the component for its intended functional performance. With this order, PTC begins to add design-led development capability to its existing strengths in Titanium materials, precision manufacturing and mission-critical component execution.
