Motilal Oswal mutual fund, 2 others invest in defence stock after 1,200% rally in 3 years

PTC Industries, a high-growth defence stock up 1,200% in three years, closed a Rs 700 crore QIP with investments from Motilal Oswal, HSBC, and Societe Generale. The QIP increased the company's equity capital to Rs 14.97 crore.