Categories Business

Motilal Oswal initiates coverage on Time Technoplast with ‘buy’ rating, Rs 578 target price; stock up 9%

Time Technoplast shares: From FY21 to FY25, TIME achieved a CAGR of 16% in revenue, 19% in EBITDA, and 39% in PAT, with its EBITDA margin rising by 150 basis points to 14.4%. Looking ahead, the brokerage forecasts a 15% CAGR in revenue.

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