T D Power Systems soars on receiving order worth $9.28 million
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T D Power Systems is currently trading at Rs. 371.70, up by 10.45 points or 2.89% from its previous closing of Rs. 361.25 on the BSE.
The scrip opened at Rs. 364.45 and has touched a high and low of Rs. 376.25 and Rs. 360.20 respectively. So far 61524 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 397.95 on 18-Jun-2024 and a 52 week low of Rs. 225.20 on 25-Oct-2023.
Last one week high and low of the scrip stood at Rs. 385.00 and Rs. 343.00 respectively. The current market cap of the company is Rs. 5803.78 crore.
The promoters holding in the company stood at 34.27%, while Institutions and Non-Institutions held 45.20% and 20.53% respectively.
T D Power Systems (TDPS) has received an order with the value of $9.28 million for gas turbine generators from a major US Original Equipment Manufacturer. These generators will be used primarily in fracking wells in the US, for power supply and backup power for artificial intelligence server farms in the US, and other applications. Delivery of these generators is scheduled to commence from January 2025 to August 2025.
T D Power Systems (TDPS) is one of the leading manufacturers of AC Generators in the world with products in the output range of 1 MW to 200 MW for prime movers, such as steam turbines, gas turbines, hydro turbines, diesel engines, gas and wind turbines. The company also manufactures special application generators for Geo Thermal and Solar thermal applications.
