TD Power Systems shares in focus after Goldman Sachs buys Rs 50 crore stake via block deal
Goldman Sachs acquired nearly 11 lakh shares of TD Power Systems via block deals, valued at Rs 50.30 crore, at Rs 460 per share. The smallcap company reported a 26% YoY increase in net profit for Q4FY25, reaching Rs 44 crore, with net sales up by ...

The shares were bought through its arm Goldman Sachs India Equity Portfolio at a price of Rs 460 per share which was at a discount of 7% from the closing price of Rs 494.10 on the NSE.
Goldman Sachs held a 3.11% stake in the company as of March 31, 2025.
Founded in April 1999 and headquartered in Bengaluru, TDPS manufactures generators and motors, with sales offices in Germany, Turkey, Japan, and the US.
The stock is trading above its 50-day and 200-day simple moving averages of Rs 411 and Rs 407, respectively. It has shown high volatility, with a one-year beta of 1.5, according to Trendlyne data.
Also read: Adani Group aims 20% Ebitda growth by FY26 driven by green energy, airport ventures
TD Power Systems' board also recommended a final dividend of Rs 0.65 per equity share for the financial year ended March 31, 2025. The dividend payout will be subject to the approval at the Annual General Meeting (AGM) of the company and will be paid within 30 days from the date of AGM.
Also read: RBI’s March forex buys hit 5-year high to boost banking liquidity
On Thursday, the stock closed at Rs 483 on the NSE, down Rs 10.75 or 2.18%.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Download ET Markets APP