TD Power Systems hits 52-week high on inking pact with Siemens Energy
TD Power Systems is currently trading at Rs. 1547.00, up by 61.15 points or 4.12% from its previous closing of Rs. 1485.85 on the BSE.
The scrip opened at Rs. 1465.70 and has touched a high and low of Rs. 1,570.60 and Rs. 1465.70 respectively. So far 117942 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,570.60 on 17-Aug-2026 and a 52 week low of Rs. 493.20 on 28-Aug-2025.
Last one week high and low of the scrip stood at Rs. 1,570.60 and Rs. 1223.00 respectively. The current market cap of the company is Rs. 24148.23 crore.
The promoters holding in the company stood at 26.87%, while Institutions and Non-Institutions held 50.06% and 23.07% respectively.
TD Power Systems (TDPS) has entered into a Build-to-Print Manufacturing Framework Agreement with Siemens Energy, Inc. (Siemens Energy), pursuant to which TDPS will manufacture and supply 2-pole Generators in accordance with Siemens Energy's designs, drawings and specifications.
This Framework Agreement represents a significant long-term manufacturing partnership for TDPS. The key benefits expected are: (i) a committed 10-year manufacturing program providing long-term revenue visibility and business stability; (ii) enhanced presence in the global energy market through association with a leading global energy technology company; (iii) enhancing TDPS's manufacturing capacity and technical capabilities; (iv) opportunities to strengthen TDPS's build-to-print manufacturing expertise in high-specification generator technology; and (v) expected contribution to TDPS's revenue and profitability over the term of the agreement through Purchase Orders to be issued by Siemens Energy from time to time.
