Mukul Agrawal’s Gains More Than 100 Crore From This Multibagger Aerospace & Defence Stock; Locked In 5 Per Cent Upper Circuit Today
From its 52-week low (Rs 7,025.05 per share) to Rs 13,828.10 per share today, Mukul Agrawal’s portfolio gained Rs 108.85 crore from this stock.
On Monday, shares of PTC Industries Ltd hit a 5 per cent upper circuit to Rs 13,828.10 per share from its previous closing of Rs 13,169.95 per share. The stock’s 52-week high is Rs 17,978 per share and its 52-week low is Rs 7,025.05 per share.
PTC Industries Limited is a global leader in manufacturing precision metal components for critical and supercritical applications in sectors like defence, oil & gas and marine. They specialise in producing castings, machined components, and fabricated parts using a wide range of advanced materials, including titanium alloys, stainless steel and nickel-based alloys, to meet the stringent demands of these industries.
PTC Industries, through its subsidiary Aerolloy Technologies, is building a comprehensive titanium manufacturing ecosystem. Key developments include the launch of India's first private VAR furnace for aerospace alloys, the acquisition of Trac Precision Solutions for advanced machining, the recruitment of Frederic Oudelet for casting expertise, and a partnership with Odisha for titanium sponge production. This integrated approach strengthens India's strategic autonomy in critical materials and establishes PTC as a prominent global titanium player.
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The company has a market cap of over Rs 20,000 crore and reported stellar numbers in its Quarterly Results (Q3FY25) and annual results (9MFY25). According to quarterly results, the net sales increased by 21 per cent to Rs 66.92 crore and net profit increased by 76 per cent to Rs 14.24 crore in Q3FY25 compared to Q3FY24. Looking at the nine-month results, the net sales increased by 1 per cent to Rs 186.16 crore and the net profit increased by 33 per cent to Rs 36.45 crore in 9MFY25 compared to 9MFY24.
As of December 2024, DIIs bought 2,33,222 shares and increased their stake to 6.49 per cent compared to September 2024 and Mukul Agrawal owns 1,60,000 shares or 1.07 per cent stake compared to December 2024. From its 52-week low (Rs 7,025.05 per share) to Rs 13,828.10 per share today, Mukul Agrawal’s portfolio gained Rs 108.85 crore from this stock. The stock gave multibagger returns of 683 per cent in 3 years and a whopping 13,000 per cent in 5 years. Investors should keep an eye on this aerospace defence stock.
Disclaimer: The article is for informational purposes only and not investment advice.