Mukul Agrawal Hold 1.07% Stake: PTC Industries Secures Major Defence Order from DRDO’s GTRE
DSIJ Intelligence-2 / 25 Oct 2025/ Categories: Mindshare, Trending
The stock gave multibagger returns of 545 per cent in 3 years and a whopping 5,000 per cent in 5 years.
On October 24, 2025, PTC Industries Limited announced that it has received a significant Purchase Order from the Gas Turbine Research Establishment (GTRE), a part of the Defence Research and Development Organisation (DRDO). The order involves Post-Cast Operations to manufacture Single Crystal ‘Ready-to-Fit’ Turbine Blades for defence applications.
The contract was awarded by a domestic entity, and PTC Industries will execute the project using its advanced manufacturing infrastructure in India, supported by its UK-based subsidiary, Trac Precision Solutions. This collaboration will help ensure end-to-end process integration and timely execution as per the agreed timelines with GTRE.
Although the company did not disclose the exact value of the Purchase Order due to confidentiality, it stated that the order is significant and is expected to positively impact its revenue in the coming quarters. The transaction does not involve any related party interests, nor does it fall within related party transactions under company regulations.
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 September 2025. The stock gave multibagger returns of 545 per cent in 3 years and a whopping 5,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.