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Time Tech surges as its arm enters into agreement with Monbat AD

04 Feb 2026 Evaluate

Time Technoplast is currently trading at Rs. 185.60, up by 2.55 points or 1.39% from its previous closing of Rs. 183.05 on the BSE.

The scrip opened at Rs. 182.40 and has touched a high and low of Rs. 186.25 and Rs. 182.40 respectively. So far 23619 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 248.95 on 16-Sep-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. 193.05 and Rs. 174.00 respectively. The current market cap of the company is Rs. 9129.79 crore.

The promoters holding in the company stood at 47.51%, while Institutions and Non-Institutions held 28.36% and 24.13% respectively.

Time Technoplast’s (Time Tech) subsidiary -- PowerBuild Batteries has entered into a business collaboration and exclusive distribution agreement with Monbat AD. Monbat AD is a leading European battery manufacturer headquartered in Bulgaria and part of the Prista Oil Group.

Under this arrangement, PowerBuild will exclusively distribute maintenance-free, advanced Valve Regulated Lead-Acid (VRLA) stationary and reserve power battery solutions from Monbat in India, catering to the rapidly expanding requirements of Data Centres, IT infrastructure, BFSI institutions, and other mission-critical industrial applications.

The agreement establishes a multi-year commercial collaboration. This collaboration supports the broader objectives of the Government of India’s Make in India initiative by strengthening domestic distribution and supply-chain infrastructure, generating local employment, developing technical support ecosystem, and enhancing service network capabilities for advanced battery solutions in India.

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

187.15 -0.75 (-0.40%)
07-May-2026 16:59 View Price Chart
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