Mukul Agrawal Hold 1.07% Stake: Aerospace & Defence Company Secures Multi-Million-Pound Project with Coolbrook to Drive Clean Tech Innovation
DSIJ Intelligence-1 / 03 Oct 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 635 per cent in 3 years and a whopping 5,785 per cent in 5 years.
On Friday, shares of PTC Industries Ltd surged 9 per cent to Rs 17,107.55 per share from its previous closing of Rs 15,695.80 per share. The stock’s 52-week high is Rs 17,978 per share and its 52-week low is Rs 9,786.30 per share. The shares of the company saw a Spurt in Volume by more than 5 times on the BSE.
Trac Precision Solutions, part of the PTC Industries Group, has announced a multi-million-pound partnership with Coolbrook, a clean technology and engineering company. Trac will supply critical machined and cast components for Coolbrook's breakthrough RotoDynamic Heater (RDH) technology. The RDH is designed to electrify high-temperature industrial processes, capable of reaching 1700∘C, thereby significantly reducing CO2 emissions in hard-to-abate sectors like steel, cement, and petrochemicals.
This project represents a strategic diversification for Trac, moving the company into the rapidly growing industrial decarbonisation sector beyond its traditional Aerospace and power generation focus. The initial contract covers 27,000 parts annually across 100 engine sets, including milled blades and cast vanes/blades. Revenues from this partnership are expected to exceed ten million pounds annually at full production, with a second phase already anticipated for additional components.
The collaboration positions Trac at the cutting edge of the clean energy transition, unlocking significant long-term global growth potential aligned with the accelerated deployment of the RDH technology. This move also greatly boosts Trac's ESG credentials by directly supporting global efforts to combat climate change, making it a key supplier for environmentally conscious customers worldwide.
About the Company
PTC Industries Limited is a leading Indian manufacturer of precision metal components for critical applications for over 60 years. Through its wholly owned subsidiary Aerolloy Technologies Limited, the company is manufacturing and supplying Titanium and Superalloy castings for Aerospace and Defence applications within India as well as for exports. The company is substantially expanding its capability by making a multi-million-dollar investment in a new state-of-the-art manufacturing facility at its 50-acre land in the Lucknow node of the Uttar Pradesh Defence Industrial Corridor. This facility will house a fully vertically integrated plant with a Titanium and Superalloy Mill, producing aerospace-grade ingots, billets, bars, plates and sheets in critical and strategic materials.
An Ace Investor, Mukul Agrawal, owns 1,60,000 shares or a 1.07 per cent stake as of June 2025. The stock gave multibagger returns of 635 per cent in 3 years and a whopping 5,785 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.