Mumbai: PTC Industries Limited manufactures high-quality engineering components for critical and super-critical operations. The company manufactures a wide range of products for industrial applications in the Oil, Gas and Liquefied Natural Gas, Offshore and Marine, Valves and Flow Control, Power Plants and Turbines, Pulp and Paper industries and other capital goods industries. In terms of sales, 48 percent of the company’s total sales come from the European Union, 19 percent from India, 17 percent from the US, 11 percent from China and the rest from the rest of the world. The company has two manufacturing units in Uttar Pradesh and Gujarat. Also, the company has an approved research and development lab from DSIR.
PTC Industries share is trading at Rs.3000 as on 17 November 2022. It has grown by about 700 per cent in the last two years. Its price was trading at Rs 376.40 on November 17, 2020. In the second quarter of the financial year 2023, the company’s net revenue on a standalone basis increased by 41.13 percent to Rs 54.04 crore. Similarly, the profit after tax (PAT) of the company also increased by 309.44 per cent to Rs 7.37 crore. The ROE of the company is 8.64 per cent and ROCE is 9.63 per cent. The market cap of the company is Rs 3,929.30 crore. Today the stock opened at 3020.00. It touched a high of Rs.3039.00 and a low of Rs.2990.00 in early trade. Its 52 week high level is Rs.3080.00 and minimum level is Rs.1142.85 on BSE. This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.
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