TPL Plastech Ltd (Formerly known Tainwala Polycontainers Limited) incorporated in September, 1992 was promoted by Tainwala Chemicals and Plastics (India) (TCPL). The Company has 6 plants situated across India and is a subsidiary of Time Technoplast Limited. It has plant at Silvassa manufacturing highmolecular highdensity polyethylene (HMHDPE) containers with capacity upto 220 ltr, plastic fuel tanks for twowheelers, cars and commercial vehicles and other blowmoulded articles with technical assistance from S T Soffiaggio Technica, Italy (a leading company of the Meico Group). HMHDPE containers are used for packaging chemicals, dyestuffs, bulk pharmaceuticals, explosives and petrochemicals. The company has withdrawn the petition filed with the Bombay High Court for merger with Tainwala Chemicals Plastics Ltd. The company has been awarded the ISO 9002 Certificate for its manufacturing facilities located at Khadoli, Silvassa.A new plant machinery with a installed capacity of 1,00,000 barrels per annum has been installed during the year. By installing the plant machinery the company is expecting a good demand from the customers.During the year 2002, the Company doubled its production capacity by installing two new Blow Moulding Machines for manufacturing medium and large sized open mouthed barrels of different colours varying sizes i.e. 50 Itrs to 250 Itrs etc. In July 2006, there was a change in the Management of the Company by virtue of which, the Company became subsidiary of Time Technoplast Limited. Consequent upon the takeover of the Company by Time Technoplast Limited (Holding Company), the name of the Company was changed to TPL Plastech Limited w.e.f. 22nd November 2006.During 200607, the Company had undertaken the expansion plan for manufacturing ofplastic Drums/ containers uptd 120 Ltr. Capacity and augmented plants equipments at its Silvassa Factory, by increasing capacity from 6000 MT P.A. to 8000 MT P. A.New unit set up at Jammu commenced with its commercial production costing Rs 14 Crores in 2010. Similarly, the new unit set up at Pantnagar also commenced with its commercial production during 2011 and further a new unit set up in Kutch District, Gujarat commenced production in 201112. The Company acquired 100% holding of the Ecotech Green Lifecycle Limited in 2018.During the year 202122, through the Scheme of Amalgamation between Ecotech Green Lifecycle Limited /EGLL) with the Company/ TPL) becoming effective dated 02nd June, 2021 issued by Honble National Company Law Tribunal (NCLT) Ahmedabad Bench, Ecotech Green Lifecycle Limited (EGLL) ceased to be the subsidiary of the Company with effect from 2nd June, 2021.In April 2023, the Company commenced operations at its Greenfield unit at Dahej (Gujarat) for manufacturing of IntermediateBulk Containers (IBCs) along with other industrial packaging products i.e. Drums and Jerry Cans.
What is the current share price of TPL Plastech Ltd today on both NSE and BSE?
TPL Plastech Ltd shares are currently priced at 96.4 on NSE and 96.35 on BSE as of 5/2/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has TPL Plastech Ltd [TPLPLASTEH] shares performed in the past ?
The past 1-year return of TPL Plastech Ltd [TPLPLASTEH] share was 193.45. The TPL Plastech Ltd [TPLPLASTEH] share hit a 1-year low of Rs. 32.35 and a 1-year high of Rs. 106.5.
What is the market cap of TPL Plastech Ltd [TPLPLASTEH] ?
The market cap of TPL Plastech Ltd is Rs. 751.95 Cr. as of 5/2/2024 12:00:00 AM.
What is the current P/E ratio of TPL Plastech Ltd [TPLPLASTEH] share price ?
The PE ratios of TPL Plastech Ltd is 42.63 as of 5/2/2024 12:00:00 AM.
What is the current PB ratio of TPL Plastech Ltd [TPLPLASTEH] share price ?
The PB ratios of TPL Plastech Ltd is 6.33 as of 5/2/2024 12:00:00 AM
What is the Mutual Fund shareholding in TPL Plastech Ltd?
The Mutual Fund Shareholding was 0.08% at the end of 5/2/2024 12:00:00 AM.
How can I buy TPL Plastech Ltd shares?
You can easily buy TPL Plastech Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.