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'Buy' Time Technoplast, Target Price Rs 615: Systematix
- Systematix maintains Buy rating on Time Technoplast with a target price of Rs 615.
- Time Technoplast recently received approval for manufacturing of Type-3 Fully Wrapped Fibre Reinforced Composite Cylinders.
- Systematix expects robust outlook and attractive valuation for Time Technoplast.
- The target price is based on 22 times FY27E price/earnings.
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