Time Technoplast Experiences Notable Adjustment in Stock Evaluation Amid Market Fluctuations

Time Technoplast, a midcap player in the plastic products industry, has recently experienced a notable adjustment in its evaluation. The stock has faced a decline of 5.46% as of January 6, 2025, underperforming its sector, which has also seen a downturn of 2.84%. During the trading session, Time Technoplast reached an intraday low of Rs 465.9, reflecting a drop of 4.9%. Despite this recent performance, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently trailing behind its 5-day and 20-day moving averages. In light of these developments, Time Technoplast has been added to MarketsMOJO's list, indicating a shift in its market standing. The company's performance over the past month shows a decline of 3.75%, which is slightly better than the Sensex's drop of 4.69%. As the market continues to evolve, Time Technoplast's position will be closely monitored by stakeholders in the plastic products sector.