PTC Industries share rises 6% on fundraise buzz
In 2024, PTC Industries’ shares have been among the best-performing in the Indian stock market. PTC Industries’ share price has increased dramatically year-to-date (YTD), rising from around ₹6,600 to ₹15,700 per share on the NSE, a whopping 135 percent rise.
This multibagger stock’s latest upward rise suggests that it still has potential. PTC Industries’ share price jumped to ₹15,700 per share within hours after the opening bell, indicating a 6.50 percent increase in Thursday trade.
Since the firm had called a board meeting this week to discuss and authorize the raising of funds through the issuance of fresh shares, the multibagger stock was under the bulls’ radar.
As of 12:56 pm, PTC Industries shares were trading 1.30% higher at ₹14943.55.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.