CRISIL Research maintains Time Technoplast’s fundamental grade at 4/5

06 Dec 2013 Evaluate

Credit rating agency, CRISIL Research has maintained CRISIL IER fundamental grade of Time Technoplast's at 4/5. The grade indicates that the company’s fundamentals are ‘good’ relative to other listed equity securities in India.

The company has received the said grading on back of its leadership in the domestic industrial packaging market, and its steady growth in the overseas markets. Meanwhile, the company continues to witness strong traction in the international business, which is a key positive. Also, the sale of composite cylinders in India has started from Q2FY14.

Time Technoplast is the leading plastic product company based in India and is engaged in manufacture of technology based innovative products in the space of industrial packaging, infrastructure, lifestyle , automobile, healthcare , material handling and composites. It has expanded its operations outside of India in UAE, Bahrain, Thailand, China, Taiwan and Indonesia. The company is also expanding its operations in South Korea, Vietnam, Turkey and Egypt.

Time Technoplast Share Price

250.10 -4.70 (-1.84%)
28-Mar-2024 16:01 View Price Chart
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