Time Technoplast is a leader in industrial packaging and composite products in India and ranks among the top three players globally.
(Photo Source: Company website)
Motilal Oswal has reaffirmed its Buy rating on Time Technoplast, citing a robust outlook and attractive valuation. The brokerage sets a target price of Rs 289, implying a 44% upside from the current market price of Rs 200. The recommendation is backed by strong growth prospects in value-added products, capacity expansion, and margin improvement initiatives.