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Time Technoplast is currently trading at Rs. 109.90, up by 6.40 points or 6.18% from its previous closing of Rs. 103.50 on the BSE.

The scrip opened at Rs. 104.00 and has touched a high and low of Rs. 110.75 and Rs. 102.60 respectively. So far 385261 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 110.75 on 07-Jun-2022 and a 52 week low of Rs. 63.10 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 110.75 and Rs. 98.70 respectively. The current market cap of the company is Rs. 2365.50 crore.

The promoters holding in the company stood at 51.33%, while Institutions and Non-Institutions held 20.46% and 28.21% respectively.

Time Technoplast has commenced the process of sale of land parcel located on Saki Vikar road, Mumbai with identified buyer. Further, due diligence process is ongoing by a leading Asset Management Company. The transaction is likely to be completed including receipt of sales proceeds shortly.  The sale consideration will be utilized for repayment of debt to lenders of the Promoter Company, resulting in Release of entire present pledged equity shares.

Time Technoplast is engaged in manufacturing a range of manufacturing polymer packaging products. The company manufactures a range of products such as Industrial and Consumer Packaging Solutions, Lifestyle Products, Auto Components, Healthcare Products and Construction / Infrastructure related products.