T D Power all powered up!
By
Research Desk
about 8 years ago
T D Power Systems is highly powered up today. The stock hit a new 52-week high at Rs.195 yesterday and today too, it hit a new high at Rs.225. There is a tremendous jump in the volumes, spurting up over 22 times.
The stock has spurted up today, celebrating the receipt of an order for supply of 45 railway application generators has been received from a major multi-national company for installation in North America. The supplies under this order would be completed between January 2017 & April 2017.
This is an outcome of the successful trial run of 5 generators supplied earlier in February 2016 to the same customer. TDPS expects volumes to grow from this business in the forthcoming financial years.