Time Technoplast Ltd. Hits All-Time High, Outperforms Sector by 12.77%

Time Technoplast Ltd., a midcap company in the plastic products industry, has been making waves in the stock market with its recent performance. On June 22, 2024, the company's stock price reached an all-time high, hitting Rs.352.5. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

In today's trading session, Time Technoplast outperformed the sector by 12.77%, showcasing its strong performance. The stock has been on a consecutive gain for the past two days, with a 12.81% increase in returns during this period. It also opened with a significant gain of 10.91% today, indicating a positive sentiment among investors.

The stock's intraday high of Rs.352.5 marks an impressive 18.65% increase. Time Technoplast is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong performance.

In the past year, Time Technoplast has shown a remarkable growth of 181.12%, outperforming the Sensex's performance of 21.55%. This showcases the company's strong potential and growth in the plastic products industry.

With its recent all-time high and strong performance, Time Technoplast is definitely a stock to watch out for in the midcap segment. Investors can consider adding it to their portfolio for potential growth and returns.