Announced Thu, 17 Sept, 2026 · 19:08 IST
Time Technoplast commissions new packaging plant in Gujarat
TIMETECHNO · price
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Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹174.88
prior close
₹176.25
base price
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AI summary
Time Technoplast has completed a new Greenfield manufacturing plant at Bhilad, Gujarat for packaging products including Conical Polymer Pails and injection moulded items. The fully automated robotics facility, built with an investment of about Rs. 24 crores, has an annual capacity of 6,000 tonnes. At 90 percent capacity use, it is expected to generate turnover of around Rs. 100 crores. Production starts from September 25, 2026.
Likely market impact
Adds a new revenue stream of about Rs. 100 crores at full use, expanding packaging capacity and improving margins via automation.