Time Technoplast Limited’s stock is witnessing a strong uptrend, currently trading at RS 216.00, up by RS 7.90 or 3.80% from its previous close of RS 208.10 on the BSE.

The scrip opened at RS 211.35 and touched a day’s high of RS 217.10 and a low of RS 208.75. So far, about 55,850 shares have been traded on the counter.

The BSE Group ‘A’ stock with a face value of RS 1 has recorded a 52-week high of RS 256.68 on 13-Dec-2024 and a 52-week low of RS 153.38 on 09-May-2025. In the past week, the stock has moved between RS 217.95 and RS 206.00, with the company’s current market capitalization standing at approximately RS 9,805.60 crore.

Promoters hold 51.62% stake in the company, while institutional investors own 21.61% and non-institutional investors hold 26.78%.

The rally in the stock follows the company’s announcement of securing an order worth around RS 190 crore from an EPC (Engineering, Procurement, and Construction) contractor. The order pertains to the supply of HDPE Pipe Products for Power Duct application projects under the Amaravathi Development Corporation and the Andhra Pradesh Capital Region Development Authority (APCRDA). With this addition, the company’s cumulative order book for HDPE Pipe segment now stands at around RS 280 crore.

Time Technoplast’s installed manufacturing capacity enables it to produce HDPE Pipe Products worth around RS 450 crore annually. Given the voluminous nature of HDPE products, the company operates four manufacturing facilities across India — one in the Western Region, two in the Southern Region, and one in the Eastern Region.

Headquartered in India, Time Technoplast (Time Tech) is a multinational conglomerate with operations across Bahrain, Egypt, Indonesia, Malaysia, UAE, Taiwan, Thailand, Vietnam, Saudi Arabia, and the USA, specializing in the manufacturing of advanced polymer products.