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Time Technoplast surges on launching generation multilayer pipes

21 Dec 2018

Time Technoplast is currently trading at Rs. 106.75, up by 3.75 points or 3.64% from its previous closing of Rs. 103.00 on the BSE.

The scrip opened at Rs. 105.05 and has touched a high and low of Rs. 108.70 and Rs. 105.00 respectively. So far 10823 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 232.60 on 09-Jan-2018 and a 52 week low of Rs. 93.00 on 14-Dec-2018.

Last one week high and low of the scrip stood at Rs. 108.55 and Rs. 97.85 respectively. The current market cap of the company is Rs. 2329.31 crore.

The promoters holding in the company stood at 51.18%, while Institutions and Non-Institutions held 30.17% and 18.65% respectively.

Time Technoplast has launched a new generation multilayer pipes for power / communication cable ducts with silicone in-lining. It has also developed associated components to offer as a complete package. These technology driven innovative products conform to international standards and are used for high performance applications. Such pipes/ducts are being introduced for the first time in the country and have substantial business potential.

Time Technoplast is a leading technology based innovative polymer Product Company.

Related Time Technoplast Ltd. Links:

Time Technoplast Share Price

72.00 -0.40 (-0.55%) Oct 21, 18:01
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323