Time Technoplast Limited has secured an order for the supply of High Quality, High Pressure PE Pipes from India's Leading EPC Contractor at a value exceeding Rs.210 Crores is considered to be one of the largest orders for PE Pipes ever awarded in India. The company has won this supply contract against stiff competition based on quality of its products and past track record of 'on time' deliveries.
This supply contract together with pending orders for PE Pipes received during current financial year occupies significantly Company's capacity for the next year. It may be noteworthy that Company is expecting a growth of around 40% in this business segment in the current financial year and that with the current order book, it is likely to maintain growth momentum in this vertical.
Shares of TIME TECHNOPLAST LTD. was last trading in BSE at Rs.99 as compared to the previous close of Rs. 101.55. The total number of shares traded during the day was 18598 in over 244 trades.
The stock hit an intraday high of Rs. 102.2 and intraday low of 97.75. The net turnover during the day was Rs. 1862664.