01-Oct-2026      12:38

TD Power Systems jumps 2.62% after securing Rs 192 crore generator supply order for US project

TD Power Systems Ltd. is up 2.62% to Rs 806.65, extending recent gains and adding 8.71% over the last week.

TD Power Systems Limited announced it has received an order valued at approximately Rs 192 crores from a multinational corporation for the supply of TDPS design 2-Pole generators, to be used in gas turbine applications and installed in the United States, with deliveries scheduled between August 2027 and January 2028. The order, secured by the company’s subsidiary, TDPS USA, represents a significant expansion for TD Power Systems into the global 2-Pole generator market and does not involve any related party transactions.

TD Power Systems Ltd. shares saw a trading volume of 29.87 lakh today, representing a significant increase of 131.66% over the average volume of the past week. TD Power Systems Ltd. surged by 169.62% year-over-year, outperforming the NIFTY50 index which experienced an 8.09% loss.

News source: Capital Market - Live News