A mid-cap inventory from ace investor Mukul Mahavir Agrawal’s portfolio might seize traders’ consideration on Thursday, February 27, because the Indian inventory market reopens after the Mahashivratri vacation. This renewed focus may stem from the corporate’s investor presentation on February 25.
PTC Industries’ share value, down over 28% in February thus far, might entice long-term traders, given the robust development potential highlighted within the firm’s investor presentation.
Shares of PTC Industries have gained about 18 per cent during the last yr. They just lately scaled their 52-week excessive of ₹17,978 on January 9 this yr and a 52-week low of ₹7,025.05 on Might 13 final yr.
Mukul Agrawal’s portfolio inventory
In keeping with shareholding sample knowledge, Mukul Agrawal held 1,60,000 shares, equal to 1.07 per cent stake within the firm by the tip of December quarter of the present monetary yr (Q3FY25).
Among the many institutional traders, Motilal Oswal Giant And Midcap Fund held 2,90,712 shares, or 1.94 per cent stake, of the corporate in Q3FY25.
Overseas portfolio traders (FPIs) cumulatively held 5,05,580 shares or 3.37 per cent of the corporate’s inventory.
PTC Industries: Key factors of investor presentation
PTC Industries caters to a number of sectors, together with civil aviation, air, land and naval defence, house, aero engines and strategic techniques, which embrace propellant tanks and propulsion nozzles.
The corporate highlighted the brand new 25,000 sqm aerospace castings facility on the brand new 50-acre land in Lucknow, within the UP Defence Industrial Hall.
The corporate additionally mentioned a brand new high-pressure HIP was beneath set up.
Lately, the corporate inked an aerospace memorandum of understanding (MoU) with the Odisha Authorities to ascertain and put money into an Aerospace-Grade Titanium Sponge Manufacturing Facility.
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