Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Time Technoplast's management stated that progress on consolidation cum restructuring of overseas business is progressing well and at final stage of discussion with prospective buyers. The company is confident of closing the transaction this year and the proceeds will be used for debt repayment, capex for composite cylinders. Key triggers ahead include achieving Rs 5000 crore revenue by FY25 led by value added product segment and expect revenue of Rs 2200cr per annum from its newly launched CNG cascade business. ICICI Direct Research has a Buy rating, with TP of Rs 125.The stock rose more than 3% in the day's trade.
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What's The Buzz Time Technoplast? | ET NOW

Time Technoplast Ltd, IDBI Bank Ltd, Bharat Heavy Electricals Ltd and L&T Finance Holdings Ltd are among the other gainers in the BSE’s ‘A’ group today, 25 August 2022.

Kolte Patil Developers Ltd leads gainers in ‘A’ group

ICICI Direct is bullish on Time Technoplast has recommended buy rating on the stock with a target price of Rs 125 in its research report dated August 17, 2022.

Buy Time Technoplast of Rs 125: ICICI Direct

Sasken Technologies Ltd, Future Retail Ltd, Time Technoplast Ltd and Chennai Petroleum Corporation Ltd are among the other losers in the BSE’s ‘A’ group today, 21 July 2022.

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Time Technoplast Ltd, Swan Energy Ltd, Aptech Ltd and Sunteck Realty Ltd are among the other losers in the BSE’s ‘A’ group today, 13 June 2022.

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Chennai Petroleum Corporation Ltd, Time Technoplast Ltd, Oil India Ltd and Future Retail Ltd are among the other gainers in the BSE’s ‘A’ group today, 07 June 2022.

Mangalore Refinery And Petrochemicals Ltd leads gainers in ‘A’ group

Time Technoplast rallied 7.97% to Rs 111.75 after the company’s promoter firm informed that the process of sale of land parcel located on Saki Vikar road in Mumbai, has commenced with identified buyer.

Time Technoplast hits 52-week high on commencing land sale in Mumbai

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Vesuvius India Ltd, Hil Ltd, Time Technoplast Ltd and Dhani Services Ltd are among the other gainers in the BSE’s ‘A’ group today, 09 May 2022.

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TESLA POWER USA INC is a pioneer and leader in energy storage industry globally.

Time Technoplast’s subsidiary inks MoU with US-led TESLA POWER for Rs100 crore order

Future Consumer Ltd, Time Technoplast Ltd, Transport Corporation of India Ltd and Varroc Engineering Ltd are among the other gainers in the BSE’s ‘A’ group today, 05 May 2022.

ABB India Ltd leads gainers in ‘A’ group

Time Technoplast Limited is engaged in manufacturing plastics products. The Company's segments include Polymer Products and Composite Products. It offers industrial packaging products, infrastructure products, technical products, material handling products and composite cylinders. The Company's rigid industrial packaging products include high molecular high density polyethylene (HM-HDPE) drums, jerry-cans, pails and intermediate bulk containers (IBCs). It supplies a cross-section of industries, such as chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agricultural, pharmaceutical, automotive and building products. Its infrastructure business products are pressure pipes, prefabricated shelters, waste/refuse bins and energy storage devices. Its technical products include anti-spray flaps, plastic fuel tank (PFTS), de-aerating tanks (DAT) and air duct. It is focused on the transport and storage of products using pallets, crates and other containers.

Time Technoplast Ltd

Time Technoplast Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

What's The Buzz Time Technoplast? | ET NOW

Kolte Patil Developers Ltd leads gainers in ‘A’ group

Buy Time Technoplast of Rs 125: ICICI Direct

Gland Pharma Ltd leads losers in ‘A’ group

RBL Bank Ltd leads losers in ‘A’ group

Mangalore Refinery And Petrochemicals Ltd leads gainers in ‘A’ group

Time Technoplast hits 52-week high on commencing land sale in Mumbai

Stocks that will see action on June 7, 2022

Time Technoplast Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

What's The Buzz Time Technoplast? | ET NOW

Kolte Patil Developers Ltd leads gainers in ‘A’ group

Buy Time Technoplast of Rs 125: ICICI Direct

Gland Pharma Ltd leads losers in ‘A’ group

RBL Bank Ltd leads losers in ‘A’ group

Mangalore Refinery And Petrochemicals Ltd leads gainers in ‘A’ group

Time Technoplast hits 52-week high on commencing land sale in Mumbai

Stocks that will see action on June 7, 2022

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock