TD Power Systems stock rallies 19% after strong Q1 results
The company posted a 72% rise in consolidated net profit to ₹86.29 crore in the June quarter compared with the year-ago period
The stock of TD Power Systems experienced a significant 19% increase, reaching a new 52-week high on Wednesday following impressive Q1 results. At 10:30 am, the stock was trading at ₹1,470.70 on the NSE, marking a 15% rise from the previous session's closing price of ₹1,275.60. In the June quarter, the company reported a remarkable 72% increase in consolidated net profit, reaching ₹86.29 crore compared to ₹50.07 crore in the previous year's quarter.
Additionally, total income surged to ₹642.67 crore from ₹375.87 crore during the same period last year. The company plans to discuss potential fund-raising options through securities at its board meeting on August 14, 2026.
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