Mukul Agrawal’s Portfolio Gains 21,14,72,000: Multibagger Aerospace & Defence Stock Hit 10 Per Cent Upper Circuit On April 15

The stock gave multibagger returns of 503 per cent in just 1 year, 700 per cent in 3 years and a whopping 12,000 per cent in 5 years.

On Tuesday, shares of PTC Industries Ltd hit a 10 per cent upper circuit to Rs 14,538.80 per share from its previous closing of Rs 13,217.10 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.

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 a 1.07 per cent stake compared to December 2024. In just 1 day, Mukul Agrawal gained Rs 21,14,72,000 from this multibagger aerospace & defence stock (Rs 1,321.7 per share gain this week x 1,60,000 shares).

PTC Industries Limited, with over six decades of experience in precision metal component manufacturing, is significantly expanding its aerospace capabilities through its subsidiary, Aerolloy Technologies Limited. Focused on producing and exporting titanium and superalloy castings for aerospace and defence, the company is investing heavily in a new, state-of-the-art, vertically integrated manufacturing facility within the Uttar Pradesh Defence Industrial Corridor in Lucknow. This multi-million-dollar project will establish a comprehensive production line, including a titanium and superalloy mill, to produce aerospace-grade ingots, billets, bars, plates, and sheets, thereby enhancing India's self-reliance in these critical and strategic materials.

The company has a market cap of over Rs 21,000 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.

Recently, Aerolloy Technologies (ATL), a subsidiary of PTC Industries Limited, has secured a significant long-term order from Safran Aircraft Engines (SAE) to be the sole Indian supplier of seven critical cast aero-engine components made of titanium and superalloys for CFM's advanced LEAP-1A and LEAP-1B engines. This milestone contract highlights ATL's expertise in producing intricate, high-quality parts for these next-generation engines, which are known for their efficiency and reduced environmental impact and are in high demand in India with over 370 aircraft currently operating and more than 2,000 engines on order. Safran's decision to increase sourcing from India and partner with ATL reflects its strategic commitment to strengthening the Indian aerospace manufacturing ecosystem and enhancing LEAP engine production capabilities within the country to meet growing global demand.

The stock gave multibagger returns of 503 per cent in just 1 year, 700 per cent in 3 years and a whopping 12,000 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.