CMP: 65

Time Technoplast Limited manufactures and sells technology based polymer products for a wide variety of industries.

Time Technoplast is a good buy in mid-cap space. Its currently trading at a fair P/E of 15 with dividend yields little less than 1% in the last 12 months. Manageable liabilities. Revenues have grown from 262 Crores to 821 Crores in the last 5 years. Profits have grown more from 24 Crores to 90 Crores in the same period. NPM has moved up smartly from 9% to 11% over 5 years. Buy and accumulate on dips for long term gains.