From Rs 100 to 100x multibagger returns: This critical component manufacturer for Defence and Oil and Gas industries created exceptional wealth for shareholders!

The shares of the company have delivered a return of over 290 per cent to its shareholders in just 1 year.

This Small-Cap company manufactures metal components for critical and supercritical applications in industries such as defense, oil & gas, liquefied natural gas (LNG), ships, and marine.

The company is a leading supplier of castings, machined components, and fabricated parts for critical and supercritical applications worldwide. It offers a wide range of materials, including titanium alloys, alloy steel, stainless steel, duplex and super duplex stainless steel, creep-resistant steel, heat-resistant steel, nickel-based alloys, cobalt-based alloys, etc.

At the start of the day's trading session, the stock opened at Rs 8,590 per share, compared to the previous day's closing figure of Rs 8,377.30 per share on the BSE. As of the time of writing this article, the shares are currently at Rs 9,869.40 per share on the BSE. Today the company stock hit a significant milestone of Rs 10,000 per share for the first time ever. Back in 2020, when the market was facing a significant downturn, the stock was available at a price of around Rs 100 per share. From this price, the stock never looked back and continued to showcase its performance, hitting a significant level today. Today it is among the Top Gainers on the NSE. Within just 1,536 days, the stock rallied and delivered a multibagger return of around 9,900 to its shareholders.

The current market capitalisation of PTC Industries stands at Rs 14,222 crore, and the stock has generated an impressive multibagger return of around 295 per cent in the past year.

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As per Quarterly Results in Q4 FY24 PTC Industries reported revenue of Rs 72 crore, representing a year-on-year growth of 16.36 per cent from Rs 62 crore last year. The company posted an operating profit of Rs 22 crore, compared to a net profit of Rs 18 crore last year. The company’s net profit stood at Rs 15 crore in Q4 FY24.

Turning attention to the annual performance of the company, it reported a revenue of Rs 257 crore, compared to Rs 219 crore in FY23. The company reported a net profit of Rs 42 crore in FY24.

Investors must keep this small-cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.