PTC Industries (NSE:PTCIL, BOM:539006) has bagged an order of over 1 billion Indian rupees from BrahMos Aerospace, according to a Thursday filing to the Indian stock exchanges.
The contract is for the supply of critical titanium castings.
BrahMos Aerospace is known for producing the world's fastest supersonic cruise missile.
The high-performance materials and engineered components manufacturer's shares were down over 1% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.