PTC Industries (NSE:PTCIL, BOM:539006) has received a purchase order of an undisclosed amount from the Gas Turbine Research Establishment, a laboratory of India's Defense Research and Development Organization, according to a filing to the Indian stock exchanges on Thursday.
The contract is for post-cast operations to manufacture and supply single-crystal, ready-to-fit turbine blades.
The component manufacturer's shares were down over 1% in recent trade.
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