homemarket Newsstocks News

Time Technoplast shares gain most since May this year after Rs 75 crore order win from Adani Total Gas

market | Dec 27, 2022 10:25 AM IST

Time Technoplast shares gain most since May this year after Rs 75 crore order win from Adani Total Gas

Mini

Shares of Time Technoplast have gained close to 18 percent this year.

wealth-desk wealth-desk

Buy / Sell Time Techno share

Recommended Articles

View All

Shares of polymer products manufacturer Time Technoplast surged as much as 9 percent in morning trade on Tuesday after the company announced that it had received a repeat order worth Rs 75 crore from Adani Total Gas Ltd.


The order from Adani Total Gas pertains to the supply of CNG cascades, made from Type-IV composite cylinders.

The delivery of these cascades will begin in January 2023.

The company had received a similar order worth Rs 80 crore last year from a leading public sector gas distribution company.

Time Technoplast Ltd (Time Tech) is a multinational conglomerate with operations in Bahrain, Egypt, Indonesia, India, Malaysia, UAE, Taiwan, Thailand, Vietnam, Saudi Arabia and the United States. It is a leading manufacturer of polymer products.

Its portfolio consists of products catering to industry segments like industrial products, automotive components, healthcare products, infrastructure and  construction related products, material handling solutions and composite cylinders.

Time Tech group operates more than 34 production facilities across the globe.

Shares of Time Technoplast are trading 7.9 percent higher at Rs 90.50.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng