TD Power Systems zooms as HDFC MF acquires additional stake

10 Oct 2014 Evaluate

TD Power Systems is currently trading at Rs. 390.00, up by 56.60 points or 16.98% from its previous closing of Rs. 333.40 on the BSE.

The scrip opened at Rs. 334.00 and has touched a high and low of Rs. 400.05 and Rs. 334.00 respectively. So far 77298 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 400.05 on 10-Oct-2014 and a 52 week low of Rs. 175.40 on 28-Oct-2013.

Last one week high and low of the scrip stood at Rs. 400.05 and Rs. 315.00 respectively. The current market cap of the company is Rs. 1309.23 crore.

The promoters holding in the company stood at 61.73% while Institutions and Non-Institutions held 27.22% and 11.05% respectively.

HDFC Mutual Fund (MF) has acquired additional stake in TD Power Systems through open market transaction. HDFC Trustee Company A/c HDFC Prudence Fund has bought 250,000 equity shares of the company at Rs 325 per share on October 9 on NSE.  Moreover, the fund house bought 200,000 shares of heavy electrical equipment maker at Rs 319 per share on October 8 on BSE. On October 7, HDFC Trustee Company through various schemes bought 1.99 million shares representing 6% of total equity of the company via BSE and NSE.

Meanwhile, Catamaran Capital had sold 406,916 shares of TD Power Systems via an open market share sale on October 8. Further, Hitoshi Matsuo, director of T D Power Systems and Saphire Finman Services sold one million shares each at Rs 315.05 on October 7.

TD Power Systems is one of the leading manufacturers of AC Generators with output capacity in the range of 1MW to 52MW for prime movers such as steam turbines, gas turbines, hydro turbines, wind turbines, diesel and gas engines. It focuses on manufacturing custom-designed generators for its customers who are based across the world.

 

TD Power Systems Share Price

410.65 0.75 (0.18%)
28-Mar-2025 16:59 View Price Chart
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