Today, PTC Industries surged 5.20 per cent to Rs 2239. The company’s shares have surged 39.13 per cent in the eight sessions. The stock on daily RAI stood at 71.08. The stock was traded on a daily chart basis on a 50-day, and 100-day simple moving average (SMA) placed at 1952.46 and 1843.49, respectively.

• Key Factors Behind Today’s Market Decline
• Indel Money to Raise Rs 500 Crore Through NCD Public Issue
• ICICI Prudential Life Signs Deal With Prudential IP Services
• Jio Financial Touches Rs 263 as BofA Buys Into Jio Credit
• Stocks in Focus:Jio Financial Services, Vascon Engineers, and Others 

On the Bombay Stock Exchange (BSE), 2,771 shares have been traded, compared with an average daily volume of 3,162 shares. The stock hit a high of Rs 2240 and a low of Rs 2070. The company’s shares hit a 52-week high of Rs 2,257.61 in the last four months. The stock hit a 52-week low of Rs 898.30 on 24 August 2021. Also, the stock had underperformed in the last year, which slid 7.5 per cent against 6.43 per cent in Sensex.

On 19 August 2022, the company announced that it successfully acquired the Electron Beam Cold Hearth Remelting (EBCHR) furnace with its wholly owned subsidiary Aerolloy Technologies Limited (ATL) through 5,000 tonnes per annum capacity.