PTC Industries Secures ₹110 Crore BrahMos Order for Critical Titanium Castings

Big news from the advanced manufacturing world! PTC Industries Limited (PTCIL) has just announced a major win, securing a substantial order from BrahMos Aerospace Private Limited. This isn’t just any order; it’s for the supply of critical titanium castings, a key component in high-tech applications. 🚀

The deal is valued at a impressive ₹110 Crore, a significant boost for PTC Industries. The company is set to execute this crucial order over a period of 24 months, showcasing its capabilities in specialized production for the defence sector.

BrahMos Aerospace, a well-known name in India’s defence landscape, has entrusted PTC Industries with this domestic contract, further highlighting the ‘Make in India’ initiative’s strength in advanced materials and manufacturing. This order underscores PTCIL’s expertise in producing high-quality, critical components essential for national strategic projects.

For those keeping an eye on PTCIL shares, they were last traded at ₹13,322, reflecting a 2.5% dip before the market closed. This significant order, however, could be a positive indicator for the company’s future performance and its role in India’s growing defence and aerospace ecosystem. It’s certainly a development worth watching! ✨

source: Corporate Announcement

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