Shares of PTC Industries jumped 25.34% in seven trading sessions from its recent closing low of Rs 2,449.45 on 31 May 2023.

On the BSE, 5,806 shares were traded in the counter so far compared with average daily volumes of 4,385 shares in the past two weeks. The stock hit a high of Rs 3,160.05 and a low of Rs 3,006.05 so far during the day.

The stock hit its 52-week high of Rs 3,160.05 today. The counter has soared 135.55% from its 52-week low of Rs 1,303.33 hit on 20 June 2022.

The stock had underperformed the market over the past one month, climbing 30.98% compared with 1.64% rise in the Sensex.

The scrip had underperformed the market in past three months, rising 26.73% as against Sensex's 4.97% jump.

However, the counter had outperformed the market in past one year, surging 91.47% as against Sensex's 13.48% surge.

On the technical front, the stock's daily RSI (relative strength index) stood at 89.100. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 2,413.63, 2,458.02 and 2,534.46 respectively. These levels will act as crucial support zones in near term.

PTC Industries is a suppliers of high-precision metal components for critical and super-critical operations across a wide range of segments including aerospace, defence, and industrial.

On a consolidated basis, net profit of PTC Industries rose 99.13% to Rs 9.20 crore on 23% increase in net sales to Rs 62.23 crore in Q4 March 2023 over Q4 March 2022.