TD Power Systems gains on bagging order from large MNC in Europe

21 Sep 2015 Evaluate

TD Power Systems is currently trading at Rs. 295.50, up by 7.50 points or 2.60% from its previous closing of Rs. 288.00 on the BSE.

The scrip opened at Rs. 293.90 and has touched a high and low of Rs. 299.30 and Rs. 291.60 respectively. So far 1,042 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 478.80 on 30-Dec-2014 and a 52 week low of Rs. 261.00 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 315.00 and Rs. 286.20 respectively. The current market cap of the company is Rs. 982.00 crore.

The promoters holding in the company stood at 54.05% while Institutions and Non-Institutions held 33.43% and 12.51% respectively.

TD Power Systems (TDPS) has bagged an order from a large multinational company in Europe to supply multiple units of 10MW generators to be installed in a single power plant inside Germany. The total installed capacity will be 200MW. The supply will start from July 2016 and completed by November 2016. This will be the biggest installation for TDPS inside Germany.

With this contract TDPS affirms its position as a leading global generator manufacturer with its generators catering to power supply in some of the most competitive markets of the world. This large installation reference will open the doors to other European customers in the years to come.

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

396.70 -13.95 (-3.40%)
01-Apr-2025 16:59 View Price Chart
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