Latest news with #TDPowerSystems
Time of India
23-05-2025
- Business
- Time of India
Goldman Sachs buys nearly 11 lakh shares worth Rs 50.30 crore of TD Power Systems
Goldman Sachs India Equity Portfolio, a subsidiary of Goldman Sachs, acquired approximately 11 lakh shares of TD Power Systems through block deals on Thursday. The purchase, amounting to Rs 50.30 crore, was made at a price of Rs 460 per share — reflecting a 7% discount compared to the previous day's closing price of Rs 494.10 on the NSE, according to an ET report. As of March 31, 2025, Goldman Sachs held a 3.11% stake in the Bengaluru-headquartered company. On Friday, shares of TD Power Systems ended at Rs 483 on the NSE, down Rs 10.75 or 2.18%. Founded in April 1999, TD Power Systems manufactures generators and motors, and operates sales offices in Germany, Turkey, Japan, and the USA. The stock is currently trading above its 50-day and 200-day simple moving averages (SMAs) of Rs 411 and Rs 407, respectively. However, the scrip has shown significant price fluctuations, with a one-year beta of 1.5, according to Trendlyne data. The smallcap firm, with a market capitalisation of Rs 7,543.67 crore, reported a net profit of Rs 44 crore in Q4FY25, marking a 26% year-on-year growth from Rs 35 crore in the same quarter last year. Net sales rose by 40% to Rs 376.34 crore, compared to Rs 267.83 crore in the corresponding quarter of the previous financial year. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo Additionally, the company's board has proposed a final dividend of Rs 0.65 per equity share for the financial year ended March 31, 2025. The dividend will be distributed within 30 days of the company's Annual General Meeting (AGM), pending shareholder approval. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
23-05-2025
- Business
- Time of India
TD Power Systems shares in focus after Goldman Sachs buys Rs 50 crore stake via block deal
TD Power Systems shares will be in focus on Friday after Goldman Sachs purchased nearly 11 lakh shares of the smallcap company via block deals on Thursday, valued at Rs 50.30 crore. The shares were bought through its arm Goldman Sachs India Equity Portfolio at a price of Rs 460 per share which was at a discount of 7% from the closing price of Rs 494.10 on the NSE. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Phum Pir: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo Goldman Sachs held a 3.11% stake in the company as of March 31, 2025. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Founded in April 1999 and headquartered in Bengaluru, TDPS manufactures generators and motors, with sales offices in Germany, Turkey, Japan, and the US. The stock is trading above its 50-day and 200-day simple moving averages of Rs 411 and Rs 407, respectively. It has shown high volatility, with a one-year beta of 1.5, according to Trendlyne data. Live Events Also read: Adani Group aims 20% Ebitda growth by FY26 driven by green energy, airport ventures The smallcap company, which has a market capitalisation of Rs 7,543.67 crore, reported a net profit of Rs 44 crore in Q4FY25 versus Rs 35 crore in the year-ago period. This translates into a 26% growth on a year-on-year basis. The net sales in the quarter under review stood at Rs 376.34 crore, up by 40% over Rs 267.83 crore in the corresponding quarter of the previous financial year. TD Power Systems' board also recommended a final dividend of Rs 0.65 per equity share for the financial year ended March 31, 2025. The dividend payout will be subject to the approval at the Annual General Meeting (AGM) of the company and will be paid within 30 days from the date of AGM. Also read: RBI's March forex buys hit 5-year high to boost banking liquidity On Thursday, the stock closed at Rs 483 on the NSE, down Rs 10.75 or 2.18%.
Economic Times
22-05-2025
- Business
- Economic Times
Goldman Sachs buys shares worth Rs 50 crore in this smallcap stock via block deal
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Goldman Sachs bought nearly 11 lakh shares of TD Power Systems on Thursday via block deals. The shares were purchased at Rs 50.30 shares were bought through its arm Goldman Sachs India Equity Portfolio at a price of Rs 460 per share which was at a discount of 7% from the closing price of Rs 494.10 on the Sachs held 3.11% stake in the company as on March 31, the stock ended at Rs 483 on the NSE, down 10.75 or 2.18%.TDPS was founded in April 1999 and is headquartered in Bengaluru with sales offices in Germany, Turkey, Japan & USA. The company makes generators & of TD Power Systems are trading above its 50-day and 200-day simple averages (SMAs) of Rs 411 and Rs 407, stock has been quite volatile and has traded with a 1-year beta of 1.5 according to Trendlyne smallcap stock which has a market capitalisation of Rs 7,543.67 crore reported a net profit of Rs 44 crore in Q4FY25 versus Rs 35 crore in the year ago period. This translates into a 26% growth on the year-on-year basis. The net sales in the quarter under review stood at Rs 376.34 crore which was up by 40% over Rs 267.83 crore in the corresponding quarter of the previous financial company's board also recommended a final dividend of Rs 0.65 per equity share for the financial year ended March 31, 2025. The dividend payout will be subject to the approval at the Annual General Meeting (AGM) of the company and will be paid within 30 days from the date of AGM.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
22-05-2025
- Business
- Time of India
Goldman Sachs buys shares worth Rs 50 crore in this smallcap stock via block deal
Goldman Sachs acquired approximately 11 lakh shares of TD Power Systems in a block deal valued at Rs 50.30 crore, purchasing them at Rs 460 per share, a 7% discount from the previous day's closing price. Despite this acquisition, the stock experienced a slight dip, closing at Rs 483 on the NSE. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Goldman Sachs bought nearly 11 lakh shares of TD Power Systems on Thursday via block deals. The shares were purchased at Rs 50.30 shares were bought through its arm Goldman Sachs India Equity Portfolio at a price of Rs 460 per share which was at a discount of 7% from the closing price of Rs 494.10 on the Sachs held 3.11% stake in the company as on March 31, the stock ended at Rs 483 on the NSE, down 10.75 or 2.18%.TDPS was founded in April 1999 and is headquartered in Bengaluru with sales offices in Germany, Turkey, Japan & USA. The company makes generators & of TD Power Systems are trading above its 50-day and 200-day simple averages (SMAs) of Rs 411 and Rs 407, stock has been quite volatile and has traded with a 1-year beta of 1.5 according to Trendlyne smallcap stock which has a market capitalisation of Rs 7,543.67 crore reported a net profit of Rs 44 crore in Q4FY25 versus Rs 35 crore in the year ago period. This translates into a 26% growth on the year-on-year basis. The net sales in the quarter under review stood at Rs 376.34 crore which was up by 40% over Rs 267.83 crore in the corresponding quarter of the previous financial company's board also recommended a final dividend of Rs 0.65 per equity share for the financial year ended March 31, 2025. The dividend payout will be subject to the approval at the Annual General Meeting (AGM) of the company and will be paid within 30 days from the date of AGM.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Mint
14-05-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 14 May 2025
Breakout stocks buy or sell: Benchmark indices, the Sensex and the Nifty 50, saw sharp declines on Tuesday, May 13, following a strong rally of nearly 4 percent the previous day triggered by eased tensions between India and Pakistan. The Sensex dropped by 1,282 points, or 1.55%, closing at 81,148.22, while the Nifty 50 fell 346 points, or 1.39%, to end the day at 24,578.35. The BSE Midcap and Smallcap indices closed with gains, rising by 0.17 percent and 0.99 percent respectively, outperforming the benchmark indices. Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is cautious to positive as the Nifty 50 index is trading in 24,450 to 24,900 range. Speaking on the outlook of Indian stock market, Bagadia said, ' Bullish or bearish trend can be assumed on the breakage of either side of the range. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five shares to buy today — Centum Electronics, TD Power Systems, Allied Blenders and Distillers, Fiem Industries, and Lumax Industries. 1] Centum Electronics: Buy at ₹ 2016, target ₹ 2160, stop loss ₹ 1950; 2] TD Power Systems: Buy at ₹ 464.8, target ₹ 500, stop loss ₹ 448; 3] Allied Blenders and Distillers: Buy at ₹ 380.9, target ₹ 410, stop loss ₹ 365; 4] Fiem Industries: Buy at ₹ 1592.5, target ₹ 1700, stop loss ₹ 1540; 5] Lumax Industries: Buy at ₹ 2577.4, target ₹ 2750, stop loss ₹ 2480. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
