Tinplate is a cheap stock, and it is ready to attain a new yearly high in today’s trading session.

So don’t miss the chance and book your profit now. It is better for investors to purchase the stock around Rs 61. The maximum target for the day is Rs 70. The stop loss is at Rs 60. The stock has seen a 52 week high of Rs 67.

Yesterday the stock marked its closure at Rs 60.75, up 10.4%. It’ll surely exhibit the same thrust in today’s session.

The Tinplate Company of India (TCIL), an associate enterprise of Tata Steel, pioneered the manufacture of tinplate in India. TCIL is today the country’s largest producer of tinplate, with a market share of over 35 per cent.

TCIL has achieved its leadership position by continuously reengineering its practices. The company recently entered into a technical agreement with Nippon Steel of Japan and its future focus is on developing cost-effective and innovative packaging solutions that offer convenience features to food processors and packers as well as end customers.

TCIL is an ISO 9001:2000 and ISO1400:1996 certified company.