India's Time Technoplast rises on $6.6 mln order from IOC

Time Technoplast

26/06/2024 05:19

** Shares of Time Technoplast  TIME.NS  up 3.8% at 343.90
rupees after rising as much as 5.3%
    ** Polymer and composite products maker said on Tuesday it
has got order of about 550 mln rupees ($6.6 mln)
    ** Order is from Indian Oil Corporation (IOC)  IOC.NS  for
supply of Type-IV LPG composite cylinders - TIME
    ** Share price above 50-day, 100-day and 200-day exponential
moving averages since June 5    
    ** Stock up 37.8% so far this quarter, on track for fifth
straight quarterly rise
    ** Stock up 95.1% YTD




($1 = 83.4325 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))