Time Technoplast Ltd.

NSE: TIMETECHNO | BSE: 532856 | ISIN: INE508G01029 | Industry: Plastic Products
| Value Stock, Under Radar
352.6500 -6.25 (-1.74%)
NSE Apr 17, 2025 15:31 PM
Volume: 901.6K
 

352.65
-1.74%
ICICI Securities Limited
The CNG cascade cylinder for gas has a significant growth opportunity in India over the next 10 years, supported by increasing use of CNG as an alternate fuel. CNG cascade cylinders are lightweight (25% of steel cylinder), explosion proof and offer long service life (no corrosion/rusting). CNG Cascades are able to carry 2x CNG compared to equivalent cascade of steel cylinders. This will help reduce the operating cost by ~50% for gas distribution companies (due to larger carrying capacity of CNG and overall reduction in weight). Time Technoplast believes the current opportunity size...
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