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Time Technoplast zooms 5% on bagging additional order of Rs 55 | Raghav’s Value Investing

Time Technoplast zooms 5% on bagging additional order of Rs 55 cr from IOCL

Time Technoplast stock jumps: Shares of Time Technoplast soared as much as 5.49 per cent to hit an intraday high of Rs 349.60 per share on Wednesday.
The uptick in share price came after Time Technoplast announced that it has secured an additional order for supply of Type-IV LPG composite cylinders from Indian Oil Corporation Limited (IOCL).
In an exchange filing, Time Technoplast said, “We are pleased to provide an update that the Company has received an additional order for supply of Composite cylinders (LPG) for a total value of Rs 55 crore (approximately).”
Source : Business Standard