Payout hopes spur Time Technoplast

DALAL STREET SPIKES

Time Technoplast was locked in the upper circuit, gaining 20 per cent from its previous close of Rs 611 to Rs 733.20 "" a new 52-week high. Volumes remained strong as just a shade less than 1.3 million shares changed hands.

The company announced on September 11, the dates for its books to remain closed for the purpose of its AGM from September 22 to 29. The company recently announced the acquisition of plant and machinery worth Rs 5.4 crore.