Time Technoplast rises on getting nod to manufacture, supply high-pressure composite cylinders

Time Technoplast Ltd. | Plastic Products | Chemicals & Fertilizers | BSE: 532856 | NSE: TIMETECHNO

02 Jan 2026 Evaluate

Time Technoplast is currently trading at Rs. 191.60, up by 3.40 points or 1.81% from its previous closing of Rs. 188.20 on the BSE.

The scrip opened at Rs. 193.95 and has touched a high and low of Rs. 197.80 and Rs. 190.70 respectively. So far 131155 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. 197.80 and Rs. 179.30 respectively. The current market cap of the company is Rs. 9509.89 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 received approval from the Petroleum and Explosives Safety Organization (PESO) and M/s. TUV Rheinland (India) for the manufacture and supply of High-Pressure Type-3 Fully Wrapped Fibre Reinforced Composite Cylinders of 2 LITRES capacity for compressed gases applications.

This approval represents a significant milestone for Time Technoplast, making it the first company in India to receive approval for various high-pressure gases. The Company has existing approvals in hand for Composite Oxygen and Breathing Air (Type-3) Cylinder for 6.8 Litres Capacity, as well as Composite Hydrogen Cylinders (Type-3: 6.8 Litres) and (Type-4: 150 Litres). These composite cylinders are a part of its value-added offerings.

The newly granted PESO approval provides blanket authorization for the approved cylinder to be utilized across a wide range of applications, including: Transportation and Cascade Systems (Hydrogen & Oxygen), Drone and Storage System Applications (Hydrogen Gas), Medical Applications (Self-Contained Breathing Apparatus (SCBA), Medical Oxygen, uses in hospitals etc.) and Laboratory and Metalworking Gases (Nitrogen, Helium, Argon, and Carbon Dioxide).

This comprehensive approval further strengthens the Company’s position as a leader in advanced composite cylinder technology and underscores its commitment to innovation, safety, and regulatory excellence to promote the ‘Make in India, For the World’ initiative.

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.

Time Technoplast Share Price

179.40 -2.80 (-1.54%)

29-Jun-2026 16:59 View Price Chart

Peers

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