Time Techno up 19%

about 2 years ago

Time Technoplast is among the top give gainers on the BSE; the stock price rose 19% to hit an intraday high at Rs.99.60 on the back of an almost 5x jump in volume. Its 52-week high is at Rs.125.90.

The stock price rose after the company announced receipt of a repeat order from Adani Total Gas.

This order, worth Rs.75 crore is for supply of CNG cascades made from Type-IV composite cylinder.

The delivery of these cascades will begin from January 2023.

Time Techno is a leading manufacturer of technology based polymer and composite products.