Time Technoplast confirms supplying Type IV composite LPG cylinders to HPCL pilot

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TIMETECHNO · price

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

+1.6%Reaction day

₹200.98

prior close

₹201.00

announcement price

After-mkt

timing

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.2

15m

-0.7

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6-1.1+2.6-1.2+2.8

Next day

+6.3-0.5+6.8-1.0+7.3

+4.0-0.1+4.1-1.9+5.9

+1.5-1.3+2.8-2.5+4.0

-0.1-2.0+1.9-2.8+2.7

+0.2-1.6+1.8-2.6+2.8

+5.0-1.5+6.5-2.9+7.8

15d

+2.5+2.9-0.4-2.2+4.6

-5.0+3.4-8.4-4.3-0.7

-13.0+2.5-15.5-3.6-9.4

-12.6-0.1-12.6-5.3-7.4

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 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.