Time Technoplast Ltd. Outperforms Market with Strong Long-Term Growth Metrics

Time Technoplast Ltd., a prominent player in the Plastic Products - Industrial sector, has shown significant performance metrics that highlight its market position. With a market capitalization of Rs 10,321.00 crore, the company has demonstrated a robust one-year performance of 30.64%, significantly outpacing the Sensex, which recorded a mere 2.38% during the same period.
Despite a slight decline of 1.22% today, Time Technoplast's weekly performance remains positive at 0.86%, contrasting with the Sensex's drop of 1.08%. Over the past month, the stock has gained 3.91%, while the Sensex managed only 1.02%. The three-month performance stands at an impressive 25.64%, compared to the Sensex's 7.26%.

Long-term performance indicators are particularly noteworthy, with a staggering 314.30% increase over three years and an extraordinary 1103.73% rise over five years. The company's P/E ratio of 26.44 is notably lower than the industry average of 40.29, suggesting a favorable valuation relative to its peers. Overall, Time Technoplast Ltd. continues to exhibit resilience and strong performance in the industrial plastic products market.