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PTC Industries shares are in focus after Aerolloy Technologies signed an MoU with Safran Aircraft Engines for co-manufacturing military engine components. The deal strengthens India’s aerospace ecosystem. Domestic mutual funds hold a 5.64% stake in the company.
PTC Industries shares were in focus on Wednesday, June 25, after its wholly owned subsidiary, Aerolloy Technologies Ltd (ATL), entered into a Memorandum of Understanding with Safran Aircraft Engines. The agreement outlines a partnership for manufacturing components and materials for military aircraft engines.
This development is viewed as a strategic boost for India’s aerospace and defence manufacturing landscape under the ‘Make in India’ initiative.
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Aerolloy Technologies and Safran to co-manufacture military aircraft engine components
Existing collaboration already in place for LEAP commercial aircraft engines
Boosts indigenous defence manufacturing in line with national priorities
Domestic mutual funds hold 5.64% in PTC Industries
PTC Industries share price closed at Rs.14,711 on Tuesday
Stock has declined 6% over the past month
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Aerolloy Technologies, specialising in aerospace-grade castings, will expand its role through this partnership. Safran Aircraft Engines, a global player in civil and military engine development, will co-operate on the new line of components, marking a shift from commercial to defence collaboration.
This builds on their existing partnership for LEAP engines, which are widely used in new-generation commercial aircraft. The new MoU pushes the collaboration into India’s growing defence sector, aiming to improve self-reliance in critical technologies.
PTC Industries continues to see strong participation from both institutional and individual investors. The shareholding structure at the end of March 2024 is as follows:
Shareholder Category | Stake (%) |
Domestic Mutual Funds | 5.64 |
Motilal Oswal Large & Midcap Fund | 2.43 |
Retail Investors (≤ Rs.2 lakh) | 9.00 |
Vikas Khemani | 3.21 |
Mona Russel Mehta | 2.98 |
Ashok Kumar Shukla | 1.11 |
Mukul Agrawal | 1.07 |
The PTC Industries share price has dropped 6% in the past month, but long-term interest remains intact due to the company’s role in defence and aerospace manufacturing.
While the PTC Industries share price remains under observation due to this development, the InterGlobe Aviation share price continues to reflect broader market volatility linked to oil prices and travel demand. Unlike InterGlobe, which is driven by consumer trends, PTC Industries operates in a more stable B2B domain tied to strategic sectors.
The defence manufacturing pipeline offers sustained opportunities, and partnerships like this could help PTC Industries secure long-term revenue visibility in aerospace-grade materials and components.
This collaboration strengthens PTC Industries’ position in the defence supply chain and reflects increasing global trust in India’s aerospace manufacturing capabilities. With strong shareholder backing and growing government support for indigenous defence production, the company is likely to attract further investor attention. The PTC Industries share price may respond positively as this partnership moves from MoU to execution.
Also read: HAL Confirms Delivery of Six Tejas Jets to IAF by March 2026
Source: Live Mint
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