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PTC Industries is currently trading at Rs. 11501.10, up by 329.20 points or 2.95% from its previous closing of Rs. 11171.90 on the BSE.

The scrip opened at Rs. 11590.00 and has touched a high and low of Rs. 11753.95 and Rs. 11480.00 respectively. So far 574 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 11,753.95 on 11-Jun-2024 and a 52 week low of Rs. 3130.45 on 12-Jun-2023.

Last one week high and low of the scrip stood at Rs. 11753.95 and Rs. 8151.20 respectively. The current market cap of the company is Rs. 16133.20 crore.

The promoters holding in the company stood at 62.95%, while Institutions and Non-Institutions held 4.26% and 32.79% respectively.

PTC Industries has entered into partnership with leading entities under DTIS scheme in the Indian Defence and Aerospace sector to advance the 'Make in India' initiative. To overcome the challenge of expensive, state-of-the-art testing infrastructure, a Green Field Defence Testing Facility is being established in the Lucknow Node of the UP Defence Industrial Corridor under the DTIS scheme. This facility, named ‘Advanced Materials (Defence) Testing Foundation’ is a collaborative effort among key industry players including Hindustan Aeronautics, Bharat Dynamics, Mishra Dhatu Nigam, Yantra India, PTC Industries and Uttar Pradesh Expressways Industrial Development Authority, with the land being provided by the Uttar Pradesh Expressway Industrial Development Authority. The Government of India will fund 75% of the project cost, with the remaining 25% funded by the SPV members, totalling an approximate cost of Rs 53 crore.

The establishment of this facility, through joint initiatives of these leading defence organizations, will be a significant catalyst for the Indian defence ecosystem, creating state-of-the-art testing capabilities for advanced materials within the country. This is an important step forward for PTC Industries which is already setting up advanced materials manufacturing capabilities in the country with the building of its Strategic Materials Technology Complex in Lucknow. This Defence Materials testing facility will help to further substantiate the integrity and reliability of advanced materials being manufactured by PTC, ensuring superior quality and compliance with stringent defence standards for Titanium and Super Alloys.

PTC Industries is a manufacturer of high-quality engineering components for various critical and super-critical applications.