Page 5 - Time Technoplast News Today

Pyramid Technoplast IPO has received a strong response from investors. The issue had been subscribed 9.36 times by August 22 afternoon, the final day of bidding

Pyramid Technoplast IPO shares were available at more than 10 percent premium over upper price band, in the grey market, analysts said on anonymity.

Among the top additions for mutual funds in the small cap space were Eric Lifesciences, PVR Inox, CreditAccess Grameen, Amara Raja Batteries and Aegis Logistics

Indian equities rallied to a record high on the back of positive Q1 earnings from some counters and strong global cues. However, on Friday, the market may be influenced by Infosys. Market analysts believe if the index fails to surpass the 20,000 level, investors may engage in profit-taking.

Indian equities closed on a strong note, with the Nifty gaining 1% and IT, auto, and PSU banks leading the market. Analysts attribute the positive momentum to strong inflows from foreign institutional investors, positive developments in the HDFC merger, and a narrowing current account deficit. Globally, investor confidence was boosted by positive economic data from the US and successful bank stress tests. Key support zones for the market are at 19,050 and 19,000, while resistance areas are at 19...

Time Technoplast stock rose 5.71% to Rs 124.50 against the previous close of Rs 117.77 on BSE. Market cap of the firm stood at Rs 2798.57 crore

Time Techno shares has lost 8.97 percent of its value over the last 6 months and 14.51 percent of its value over the last 12 months. Thus, considerably underperforming the benchmark Nifty50 index which has given a return of 0.02 percent over the last 6 months and 11.74 percent over the last one year.

The board of directors of Time Technoplast Limited have recommended final dividend of Rs. 1.25/- i.e., 125% per equity share of face value of Rs. 1/- each for the financial year ended 31st March, 2023.

The Board of Directors of Time Technoplast Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.

Time Securities Services Pvt Ltd, Promoter Company of Time Technoplast Ltd. have fully repaid the Term Loan outstanding to Lenders and the Pledged Shares of TTL will be released shortly on completion of formalities by the Lenders.