Time Technoplast Ltd
TIMETECHNO

123.55

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123.30

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Buy
Reco. Price
Rs 107.80
We recommend BUY considering growth expected in composite cylinder segment and introduction of new products. Company is expected to grow at ~12% CAGR over FY16-18E. Stock is trading at P/E of 14.7x on FY17E earnings. (Target Price– Rs.126.4)
Detailed View
50 DMA (.)
97.07
100 DMA (.)
95.33
200 DMA (.)
83.58
Weekly Range (.)
115.00
125.60
Monthly Range (.)
93.10
125.60
52 Weeks Range (.)
46.40
125.60
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