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Time Technoplast shares jump after arm enters exclusive tie-up with Europe’s Monbat AD

News by Aliceblue News Desk

04 Feb 2026

Time Technoplast shares jump after arm enters exclusive tie-up with Europe’s Monbat AD

Introduction

Leading battery solutions provider entered an exclusive distribution agreement with a European manufacturer to supply advanced VRLA power batteries for data centres and industrial applications in India.

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Share price movement of Time Technoplast

On February 4, 2026, Time Technoplast Ltd opened at ₹182.40, down 0.36% from its previous close of ₹183.05. The stock touched a high of ₹186.25 (1.75%) and a low of ₹182.40. By 10:32 AM, it traded at ₹184.75, up 0.93%, with a market capitalisation of ₹9,119.91 crore.

PowerBuild Signs Monbat Deal

PowerBuild Batteries Private Limited, a subsidiary of Time Technoplast Limited, entered a business collaboration and exclusive distribution agreement with European battery manufacturer Monbat AD.

Under the agreement, PowerBuild will exclusively distribute Monbat’s maintenance free VRLA stationary and reserve power batteries in India for data centres, IT infrastructure, BFSI, and industrial applications.

The multi year collaboration covers distribution, installation, commissioning, and after sales support across India, strengthening domestic supply chains and expanding advanced battery solutions for mission critical power requirements.

Stock performance of Time Technoplast for Period of 1 week, 6 months, and 1 year

Time Technoplast Ltd delivered a 2.03% return over the past week, declined by 20.1% over the past six months, and fell 6.73% over the past one year.

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Shareholding pattern of Time Technoplast

ParticularsDec 2025Sep 2025Jun 2025
Promoter47.50%51.60%51.60%
FII12%8%8%
DII16.70%13.20%12.90%
Public24.10%26.80%27%

About Time Technoplast

Time Technoplast Ltd (NSE: TIMETECHNO) is a multinational conglomerate manufacturing technology driven polymer and composite products across multiple industrial and infrastructure applications.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Time Technoplast Ltd share price rising today?

A: PowerBuild Batteries, a Time Technoplast Ltd subsidiary, signed an exclusive agreement with Monbat AD to distribute VRLA batteries in India.

Q: What is Time Technoplast Ltd’s main business focus?

A: Time Technoplast Ltd manufactures technology driven polymer and composite products for industrial, infrastructure, and packaging applications across global markets.

Q: What are the 52-week high and low of Time Technoplast Ltd stock?

A: Time Technoplast Ltd stock has a 52 week high of ₹248.95 and a 52 week low of ₹153.38.

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