Hot Pursuit     30-Aug-22
TD Power spurts after board approves stock split
TD Power Systems surged 6.66% to Rs 613.15 after the company's board approved 5-for-1 stock split.
The company's board on Tuesday (30 August) approved sub-division of existing one equity share having face value of Rs 10 each into five equity shares having face value of Rs 2 each, subject to the approval of shareholders. The record date will be decided post ensuing annual general meeting, the company said in a statement.

TD Power Systems is one of the leading manufacturers of AC generators in the world with products in the output range of 1 MW to 200 MW for prime movers, such as steam turbines, gas turbines, hydro turbines, diesel engines, gas and wind turbines It also manufactures special application generators for geo thermal and solar thermal applications.

On a consolidated basis, net profit of TD Power Systems surged 107% to Rs 21.49 crore on 25.39% increase in net sales to Rs 204.54 crore in Q1 June 2022 over Q1 June 2021.

Previous News
  TD Power Systems consolidated net profit rises 43.35% in the March 2023 quarter
 ( Results - Announcements 09-May-23   15:28 )
  TD Power Systems fixes record date for stock split
 ( Market Beat - Reports 11-Oct-22   11:11 )
  TD Power Systems announces board meeting date
 ( Corporate News - 27-Jan-21   11:50 )
  TD Power Systems to announce Quarterly Result
 ( Corporate News - 07-May-24   17:23 )
  Board of TD Power Systems recommends Final Dividend
 ( Corporate News - 09-May-23   15:07 )
  TD Power Systems reports consolidated net loss of Rs 1.34 crore in the June 2019 quarter
 ( Results - Announcements 13-Aug-19   17:26 )
  TD Power Systems reports consolidated net loss of Rs 7.87 crore in the June 2018 quarter
 ( Results - Announcements 09-Aug-18   16:42 )
  TD Power Systems to announce Quarterly Result
 ( Corporate News - 29-Jul-22   13:59 )
  Board of TD Power Systems recommends Interim Dividend
 ( Corporate News - 09-Feb-23   10:50 )
  TD Power Systems consolidated net profit declines 54.22% in the March 2018 quarter
 ( Results - Announcements 25-May-18   10:04 )
  TD Power Systems standalone net profit declines 55.81% in the March 2018 quarter
 ( Results - Announcements 25-May-18   10:05 )
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