New Delhi, Sept. 30 -- Time Technoplast is in focus after Motilal Oswal Financial Services retained its Buy rating on the stock and assigned a target price of Rs.280, implying an upside of over 52% from the current market price of Rs.184. The brokerage said the company had demonstrated resilience despite a challenging operating environment and identified multiple growth and margin-expansion levers that could support a re-rating.

"We reiterate our BUY rating on TIME with a TP of INR280 (55% upside), based on 20x FY28E EPS. Despite a QIP-led equity dilution, RoE/RoCE (pre-tax) are expected to expand to ~14%/19% in FY28," Motilal Oswal said.

The brokerage highlighted that FY26 had been a challenging year, marked by tensions in West Asia, t...