PTC Industries' share price jumped nearly 10% after it inaugurated a world-class Titanium & Superalloy Materials Plant at the UP Defence Industrial Corridor. The facility, equipped with advanced technologies, aims to reduce dependence on critical imports and strengthen India’s capabilities in aerospace-grade materials.
The share price of PTC Industries witnessed significant traction on the bourses on May 14, 2025. During the trading session, the stock hit an upper circuit limit of 10%. By the end of the day, the stock closed at ₹14,005, up 9.83% on an intraday basis.
The rally in PTC Industries' share price followed a major announcement. The Honourable Raksha Mantri, Shri Rajnath Singh, and the Honourable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath, jointly inaugurated the Titanium & Superalloy Materials Plant and laid foundation stones for six additional strategic projects under Aerolloy Technologies Limited, a wholly owned subsidiary of PTC Industries. The ceremony was held at the Lucknow node of the Uttar Pradesh Defence Industrial Corridor (UPDIC).
The newly inaugurated Titanium & Superalloy Materials Plant is envisioned to be one of the world’s largest single-site titanium remelting facilities. The plant is equipped with cutting-edge technologies such as:
This facility is a significant step toward enhancing India’s self-reliance in aerospace-grade materials and reducing dependency on critical imports.
The foundation stones were also laid for six additional facilities that collectively form India’s first Strategic Materials Technology Complex. These include:
These initiatives represent a defining moment in India’s journey toward Aatmanirbhar Bharat and achieving Parity with the best in the world - not only in industrial capability but also in confidence and global competitiveness. With these projects, PTC Industries reaffirms its commitment to building enduring national capacity in strategic materials and advanced manufacturing.
PTC Industries Limited is a renowned Indian manufacturer of precision metal components for critical applications, with over six decades of industry experience. Its subsidiary, Aerolloy Technologies Limited, is engaged in the manufacturing and supply of Titanium and Superalloy castings for Aerospace and Defence sectors, both domestically and internationally.
The company is currently expanding its aerospace casting capabilities through a multi-million-dollar investment in a state-of-the-art manufacturing facility on 50 acres of newly acquired land at the Lucknow node of the UPDIC. The new facility will be a fully integrated production hub, featuring a Titanium and Superalloy Mill to produce ingots, billets, bars, plates, and sheets of aerospace-grade materials.
Disclaimer: The article is for informational purposes only and not investment advice.
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