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Smallcap stocks have trailed Nifty by 20 per cent in the past 18 months. Most markers suggest that the underperformance cycle is halfway through, said Nuvama Institutional Equities.
If FY23 was the year of aggressive domestic fund buying in the equity markets, April 2023 was relatively more subdued.
TPL Plastech Ltd is expanding its Industrial Packaging product portfolio and entering manufacturing of Intermediate Bulk Containers with the commencement of its new State-of-the-Art Industrial Packaging manufacturing facility at Dahej, Gujarat.
Time Technoplast Ltd has received prestigious order from a major Gas Distribution Company, INDRAPRASTHA GAS LIMITED, for supply of CNG Cascades i.e., TYPE-IV Composite Cylinders for a value of INR 54.0 Crores.
Time Technoplast Ltd is the first and only Company in India to receive approval from Petroleum and Explosives Safety Organization for manufacturing of Composite Cylinders for Oxygen and Breathing Air.