Time Technoplast is currently trading at Rs 187.65, up by 3.55 points or 1.93% from its previous closing of Rs 184.10 on the BSE.
The scrip opened at Rs 186.05 and has touched a high and low of Rs 189.85 and Rs 185.95 respectively. So far 19022 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 254.00 on 02-Jan-2025 and a 52-week low of Rs 153.38 on 09-May-2025.
Last one week high and low of the scrip stood at Rs 191.20 and Rs 180.60 respectively. The current market cap of the company is Rs 9181.62 crore.
The promoters holding in the company stood at 51.62%, while Institutions and Non-Institutions held 21.61% and 26.78% respectively.
Time Technoplast has successfully completed flight trials of its in-house hydrogen-powered drone, integrated with a Type-III Fully Wrapped Composite Hydrogen Cylinder and Hydrogen fuel-cell system. This achievement positions the company at the forefront of next-generation clean-energy aviation platforms, unlocking a high-growth application segment for composite hydrogen storage solutions.
The hydrogen-powered drone has successfully completed initial performance trials and validation tests, meeting all targeted endurance, payload, and operational parameters. This represents the first successful integration in India of Composite Hydrogen Cylinders made in India, with fuel-cell-powered unmanned aerial platforms, establishing a strong foundation for commercial deployment across civilian, industrial, and defence applications.
The successful trials materially expand the company’s addressable market within the rapidly growing global drone ecosystem. With the global drone market estimated at around $30 billion currently and projected to reach $70 billion by 2033, demand is accelerating for high-performance, longendurance, and sustainable propulsion solutions. Hydrogen-powered drones are expected to see increasing adoption across agriculture, surveillance, defence, logistics, emergency response, infrastructure inspection, and environmental monitoring.
Time Technoplast (Time Tech) is a multinational conglomerate with operations in Bahrain, Egypt, Indonesia, India, Malaysia, U.A.E, Taiwan, Thailand, Vietnam, Saudi Arabia & USA is a leading manufacturer of polymer products.
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