Time Technoplast shares rise 6% on timely repayment of CPs
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
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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.