PTC Industries shares touched a day high of Rs 18,599 on the NSE, up nearly 5%, after bagging a design order from DRDO for a tank component.

The order comes from ARDE, a DRDO lab, for a Titanium Cradle used in the 105mm Indian Light Weight Tank. This is a bigger deal than a typical order for PTC.

Until now, the company mostly manufactured parts to someone else’s design. This time, it will handle the engineering, design, testing and supply itself, right from scratch.

The cradle itself is a critical piece. It holds up the tank’s main gun and breech, connects to the recoil mechanism, and carries the force of firing back into the turret structure safely.

Getting that wrong isn’t an option, which is partly why this kind of work usually goes to trusted suppliers only. The contract runs for two and a half years.

The company hasn’t disclosed the order value, and it isn’t a related-party deal.

Chairman and Managing Director Sachin Agarwal called it an important milestone, and said titanium’s strength-to-weight advantage will matter more as tanks and artillery systems try to get lighter, especially for tough terrain like high-altitude regions.

This isn’t PTC’s only recent win either. Just last week, on July 17, the company landed a separate contract from BrahMos Aerospace for an airframe system.

And in late June, its board cleared plans to raise up to Rs 1,800 crore through a share sale, mainly to fund expansion.

The company’s FY26 numbers back up the momentum too, with profit after tax jumping 66% year on year to Rs 101.6 crore.

At 12:24 pm, the stock had pulled back a bit from its peak. It was trading at Rs 18,200 on the NSE, up 2.38%, or Rs 423, from the previous close of Rs 17,777.

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