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Motilal Oswal Recommends Buying Time Technoplast, Sets Rs 280 Target
M
Moneycontrol•28-09-2026, 11:24
Motilal Oswal Recommends Buying Time Technoplast, Sets Rs 280 Target
- •Motilal Oswal has issued a 'buy' rating for Time Technoplast.
- •The research report, dated September 25, 2026, sets a target price of Rs 280 for Time Technoplast shares.
Key Questions Answered
Motilal Oswal has issued a buy rating on Time Technoplast with a target price of Rs 280 in its research report dated September 25, 2026.
The company relies on a local strategy of sourcing raw materials, manufacturing, and selling finished products across 11 countries, alongside exploring alternative overseas markets and sea routes for composite raw materials like glass fiber.
FY26 became the most successful year in the company's history with revenue, EBITDA, and PAT growing by roughly 12%, 14%, and 21% year-over-year, respectively, as a disciplined pricing mechanism allowed it to pass on input cost movements.