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Time Technoplast Limited is currently in a long term uptrend where the price is trading 42.8% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 0.5.
Time Technoplast Limited's total revenue sank by 9.6% to $8B since the same quarter in the previous year.
Its net income has dropped by 20.7% to $384M since the same quarter in the previous year.
Finally, its free cash flow fell by 13.3% to $1B since the same quarter in the previous year.
Based on the above factors, Time Technoplast Limited gets an overall score of 2/5.
ISIN | INE508G01029 |
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Sector | Consumer Cyclical |
Industry | Packaging & Containers |
CurrencyCode | INR |
Exchange | NSE |
Beta | 1.08 |
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Dividend Yield | 1.2% |
PE Ratio | 8.97 |
Market Cap | 19B |
Target Price | 233.75 |
Time Technoplast Limited, together with its subsidiaries, engages in manufacture and sale of a range of technology-based polymer and composite products in India and internationally. It operates in two segments, Polymer and Composite. The company offers industrial packaging products, including drums and containers, such as narrow mouth polycans/drums, open top drums, XL-rings, medium packing products, and classic open top drums; conipails; and intermediate bulk containers, as well as value added services. It also provides lifestyle products comprising matting products; bins; and molded furniture, such as sofas, five position reclining chairs, monoblocs, executive and baby chairs, chairs with writing desk, tables, trolleys, and stools for use in homes, hotels, restaurants, hospitals, clubs, airlines, auditoriums and tent houses, and various other institutes; and automotive components, such as 3S rain flaps, deaeration tanks/radiator tanks, fuel tanks, and air ducts. In addition, the company offers material handling products consisting of plastic returnable transit packaging and material handling solutions, crates, flat plates, eco plates, and smart leaf plates, and export pallets to retail, automotive, agriculture, processed food, apparel, pharmaceutical, FMCG, consumer durables, and logistics sectors. Further, it provides composite cylinders; and infrastructure products, including HDPE and DWC pipes, and energy storage devices, as well as techpaulin bags, raincoats, bike covers, and cross laminated films; and kavach face shield. The company was incorporated in 1989 and is based in Mumbai, India.
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