Investment & Precision Castings secures contract from PLR Systems
Investment & Precision Castings Ltd (I&PCL) secured a contract from PLR Systems Private Limited to supply precision investment casting components for the defence sector. PLR Systems, a joint venture between Adani Group and Israel Weapon Industries, manufactures critical weaponry like the TAVOR Assault Rifle, used by the Indian Armed Forces. The stock gave multibagger returns of 600% in 5 years.