Time Technoplast Ltd. Achieves All-Time High, Outperforms Sector by 1.07%

Time Technoplast Ltd., a midcap company in the plastic products industry, has recently reached an all-time high price of Rs. 464.85 on October 17, 2024. This has been a significant achievement for the company, as it has outperformed the sector by 1.07% on the same day.

The stock has been on a consecutive gain for the last 5 days, with a remarkable 20.44% increase in returns during this period. It opened at Rs. 464.85 and has maintained this price throughout the day. This is a positive sign for investors, as it indicates a stable and consistent performance by the company.

In terms of moving averages, Time Technoplast is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reinforces the company's strong performance and potential for growth in the future.

In comparison to the Sensex, Time Technoplast has shown an impressive 1-year performance of 202.12%, while the Sensex has only recorded a 22.87% increase. This showcases the company's ability to outperform the market and deliver significant returns for its investors.

MarketsMOJO has given a 'Hold' call for Time Technoplast stock, indicating a neutral stance on the company's performance. With its recent all-time high and consistent growth, Time Technoplast is definitely a company to watch out for in the plastic products industry.