Bengaluru, July 15 -- This micro-cap stock, engaged in the production of investment castings, supplying precision components to automotive, valve, and various engineering industries, hit a 5 percent upper circuit after receiving a strategic contract from Adanin Group and the Israel Defence joint venture.

With a market capitalization of Rs. 521.65 crores, the shares of Investment and Precision Castings Limited hit a 5 percent upper circuit of Rs. 521.65 per share on Tuesday, up from its previous closing price of Rs. 496.85 per share.

Investment and Precision Castings Limited (I&PCL) has received a strategic contract from PLR Systems Private Limited to supply precision investment casting components for the defence sector. PLR Systems, a j...