Time Technoplast bags Rs 38.14 cr HPCL composite LPG cylinder order

Govt Defence OrderBusiness Updates View source PDF Explain this filing

TIMETECHNO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹200.98

prior close

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announcement price

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Nifty Microcap 250market-1.1%+2.6% vs market

Plastic Products - Industrial peers, median of 38sector-1.2%+2.8% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.8 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Time Technoplast has won a Rs 38.14 crore order from government PSU HPCL via the GeM portal to supply 1,40,000 units of 10 kg Type IV composite LPG cylinders, to be delivered within six months. HPCL is rolling out composite cylinders through quick-commerce platforms for on-demand delivery. The order reinforces Time Technoplast's leadership in the composite cylinder segment and supports the broader shift by oil marketing companies toward safer, lightweight cylinders.

Likely market impact

Positive. Adds near-term revenue and reinforces leadership in composite cylinders. PSU order could attract more contracts from other oil marketing companies.