PTC INDUSTRIES' SUBSIDIARY COMPANY SIGNS MULTI-YEAR DEAL FOR AEROSPACE CASTINGS
Aerolloy Technologies, a subsidiary of PTCIL has signed a long-term supply agreement with Honeywell Aerospace Technologies to deliver titanium and superalloy precision investment castings for a range of global aerospace programmes, including critical aero-engine components. This pact gives Aerolloy dedicated production capacity and multi-year revenue visibility.
In Oct25, PTCIL secured a purchase order for post-cast operations from the Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO), to manufacture single crystal 'ready-to-fit' turbine blades.
With such strong order book, the stock has rallied more than 60% over the past year.
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