T D Power Systems Ltd has seen remarkable growth in its stock performance, with shares rallying over 5% in the past week and skyrocketing 236% over the last two years. As of October 18, 2024, the shares were trading at ₹405.75 on the BSE, giving the company a market capitalization of ₹6,337.15 crore. The stock reached a 52-week high of ₹450 on August 27, 2024, while its 52-week low was ₹225.20 on October 25, 2023. In 2024 alone, the shares have delivered a 52% return, while over the last year, they have surged by 61%. Over the past three years, the stock has gained an impressive 441%, and over five years, it has provided shareholders with extraordinary returns of 1308%.
On October 29, 2024, T D Power Systems’ Board of Directors will hold a meeting to discuss the unaudited financial results for the quarter and half-year ending September 30, 2024, along with a potential interim dividend for the financial year 2024-25. Earlier this year, the company distributed a final dividend of ₹0.60 per share, with August 8, 2024, set as the record date. The stock also underwent a split in the ratio of 1:5 on October 31, 2022.
T D Power Systems specializes in manufacturing AC generators and electric motors tailored to meet various industrial applications based on customer specifications. The company’s consistent performance has made it a standout in delivering high returns to shareholders.
Disclaimer: This information is for informational purposes only and should not be considered as investment advice. Stock market investments are subject to risks, including the potential loss of principal. Past performance is not indicative of future results. Always conduct your own research and consult with a financial advisor before making investment decisions.
Leave a Reply