Mumbai, October 31 (Udaipur Kiran): Shares of Time Technoplast climbed nearly 4% in Thursday’s session after the company announced that it had secured a significant order worth around ₹190 crore from an EPC (Engineering, Procurement, and Construction) contractor.
The stock was trading at Rs. 216.00, up 3.80% or Rs. 7.90, from its previous close of Rs. 208.10 on the BSE. It opened at Rs. 211.35 and touched an intraday high of Rs. 217.10 and a low of Rs. 208.75. So far, 55,850 shares have been traded on the counter.
The company’s market capitalization currently stands at Rs. 9,805.60 crore. The scrip’s 52-week high is Rs. 256.68 (December 13, 2024) and its 52-week low is Rs. 153.38 (May 9, 2025). Over the past week, it has traded between Rs. 217.95 and Rs. 206.00.
According to the company, the latest ₹190 crore order is for the supply of HDPE pipe products for power duct application projects being executed by Amaravathi Development Corporation and the Andhra Pradesh Capital Region Development Authority. With this contract, the company’s cumulative order book for the HDPE pipe segment has reached approximately ₹280 crore.
Time Technoplast stated that its installed manufacturing capacity allows it to produce HDPE pipe products worth around ₹450 crore annually. Given the voluminous nature of these 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.
Time Technoplast (Time Tech) is a multinational polymer products conglomerate with operations across India, Bahrain, Egypt, Indonesia, Malaysia, the UAE, Taiwan, Thailand, Vietnam, Saudi Arabia, and the USA. The company is a leading manufacturer of industrial and consumer polymer-based solutions.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
Time Technoplast Gains 4% After Securing ₹190 Crore Order for HDPE Pipe Supply
