PTC Industries, an engineering components manufacturer and a multi-bagger stock, has surged substantially in recent years. The company continues to receive a steady inflow of orders and has posted strong financial results, both of which have contributed to this immense growth.
The company is a global leader in high-precision metal components for critical and super-critical operations in industries such as aerospace and defense. PTC’s current market position has got the Indian markets talking, increasing demand for its shares. Even the recent market correction hasn’t seemed to affect the substantial gains of the stock, which has steadily gone up by 275% in the last two years.
Investor Perspective
Annual returns have also been impressive, with the stock rising by 123.8% in one year and 52% in six months. So far, PTC Industries stocks has managed to surge 85% in 2024, at Rs. 11,129 per equity share – a 29% drop from the recently peaked price.
Another key point for investors to note is the MoU that the company has signed with leading OEM companies, including Honeywell, BAE Systems, Safran, Nasmyth, and Dassault Aviation.
The company’s consolidated net profit increased by over 10 percent during the first half of FY25, up to Rs. 22.40 crores from Rs. 19.41 crores in the first six months of fiscal 24.
In September 2024, PTC Industries also received two major orders: one from BAE Systems for supplying M777 ultra-lightweight howitzers with titanium castings and another for aerospace applications from Israel Aerospace Industries.
Investors can look forward to this BSE Small Cap Index stock, as the shares have increased by more than two times in the past year, yielding a 125 percent return. The stock has also yielded returns of 283 percent and 973 percent in two and three years, respectively. On a five-year horizon, PTC stocks have managed to make their investors richer by over 7,100 percent.
Recent market corrections also have not affected the stock, and PTC Industries shares have even managed to cross the 15,000 mark for the first time, peaking at a high of Rs. 15,650.
Conclusion
PTC has grown remarkably in the last four years, with share prices increasing by more than 3,200%, owing to strong financials and a positive outlook among investors. According to official sources, the company currently has a market cap of Rs. 16,605.44 crores.
PTC Industries StockShare
