Announced Thu, 16 Jul · 16:43 IST
Time Technoplast confirms supplying Type IV composite LPG cylinders to HPCL pilot
Business Updates View source PDF
TIMETECHNO · price
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Price reaction · full curve 14 horizons · vs prior close
+6.3%1-day move
₹200.98
prior close
₹201.00
base price
After-mkt
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AI summary
Time Technoplast clarified that the Type IV Composite LPG Cylinders featured in HPCL and Instamart on-demand LPG delivery initiative belong to the company. The firm supplied these cylinders to HPCL as a vendor under a pilot project. The 10kg composite cylinder branded HP Navya will first launch in Bengaluru via the Instamart app, targeting consumers without existing LPG connections.
Likely market impact
Positive brand visibility as the maker behind HPCL's new composite cylinder line, potentially opening larger commercial orders beyond the pilot.