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PTCIL — Ptc Industries News Story

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Basic MaterialsSpeculativeLarge CapHigh Flyer

India's PTC Industries gains on order win; GS sees highest EPS growth among defence cos

** Shares of metal components maker PTC Industries PCIN.NS climb 2.1% to 17,340 rupees

** Stock hits highest level since early January

** Co gets purchase order from Defence Research and Development Organisation (DRDO) for supply of turbine blades and vanes through PCIN's UK-based unit

** Goldman Sachs analysts forecast EPS CAGR of 123% in FY25-28, highest among defence firms; keeps "buy," PT at 24,725 rupees, a ~46% upside on last close

** Stock up ~29% YTD

 (Reporting by Manvi Pant)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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