THIS Mukul Agrawal’s portfolio aerospace, defence, engineering stock may be in focus on Thursday; here’s why

Table of Content


A mid-cap stock from ace investor Mukul Mahavir Agrawal’s portfolio may grab investors’ attention on Thursday, February 27, as the Indian stock market reopens after the Mahashivratri holiday. This renewed focus could stem from the company’s investor presentation on February 25.

PTC Industries’ share price, down over 28% in February so far, may attract long-term investors, given the strong growth potential highlighted in the company’s investor presentation.

Shares of PTC Industries have gained about 18 per cent over the last year. They recently scaled their 52-week high of 17,978 on January 9 this year and a 52-week low of 7,025.05 on May 13 last year.

Mukul Agrawal’s portfolio stock

According to shareholding pattern data, Mukul Agrawal held 1,60,000 shares, equivalent to 1.07 per cent stake in the company by the end of December quarter of the current financial year (Q3FY25).

Among the institutional investors, Motilal Oswal Large And Midcap Fund held 2,90,712 shares, or 1.94 per cent stake, of the company in Q3FY25.

Foreign portfolio investors (FPIs) cumulatively held 5,05,580 shares or 3.37 per cent of the company’s stock.

PTC Industries: Key points of investor presentation

PTC Industries caters to several sectors, including civil aviation, air, land and naval defence, space, aero engines and strategic systems, which include propellant tanks and propulsion nozzles.

The company highlighted the new 25,000 sqm aerospace castings facility on the new 50-acre land in Lucknow, in the UP Defence Industrial Corridor.

The company also said a new high-pressure HIP was under installation.

Recently, the company inked an aerospace memorandum of understanding (MoU) with the Odisha Government to establish and invest in an Aerospace-Grade Titanium Sponge Manufacturing Facility.

Read all market-related news here

Read more stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

AIMPWA

mmkrishnandasu@gmail.com http://msmenews.sbs

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

Trending News

Editor's Picks

Kerry Washington invests in wedding marketplace Cheersy

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk...

Tax changes in budget will increase bank deposits by ₹40,000-45,000 crore: DFS secretary M Nagaraju

The finance ministry expects ₹40,000-45,000 crore to flow into banks as deposits from the various tax changes announced in the Budget, including raising the tax-free income level to ₹12 lakh, financial services secretary M Nagaraju said during a media interaction on various Budget proposals on Monday. Union Budget 2025, which finance minister Nirmala Sitharaman presented...

Tata-Group auto major plans ₹2,000 crore fund raise via NCD issue on THIS date, stock down 12% YTD; Buy or sell?

Tata Motors Ltd announced that its board will meet on Wednesday, March 19, to consider a fund raising proposal up to ₹2,000 crore. The leading manufacturer of domestic and commercial vehicles said the fund raising will be done through the issuance of rated, listed, unsecured, redeemable, Non-Convertible Debentures on a private placement basis. Tata Motors’...

ALL INDIA MSMES PROMOTION AND WELFARE ASSOCIATION

Quick Links

Popular Categories

Must Read

AIMPWA © 2025- All Right Reserved. Designed and Developed by  growGX.com