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An announcement from Time Technoplast Limited ( (IN:TIMETECHNO) ) is now available.
Time Technoplast Limited announced that its subsidiary, Power Build Batteries Pvt. Ltd., has received approval from the International Centre for Automotive Technology for its e-rickshaw batteries. This certification is crucial for entering the automotive market and signifies compliance with high standards of quality and performance. The e-rickshaw batteries, developed with advanced lead-acid technology, offer enhanced durability, efficiency, and safety, supporting India’s shift towards sustainable transportation. With the e-rickshaw market expected to grow significantly, Time Technoplast aims to capitalize on this demand, projecting substantial revenue from this product line.
More about Time Technoplast Limited
Time Technoplast Limited operates in the polymer industry, providing a range of products including industrial packaging, lifestyle products, automotive components, and infrastructure-related solutions. The company focuses on leveraging advanced technology to deliver innovative and sustainable solutions across various sectors.
Average Trading Volume: 78,843
Technical Sentiment Signal: Buy
Current Market Cap: 101.4B INR
Find detailed analytics on TIMETECHNO stock on TipRanks’ Stock Analysis page.