The shares had been purchased by means of its arm Goldman Sachs India Fairness Portfolio at a worth of Rs 460 per share which was at a reduction of seven% from the closing worth of Rs 494.10 on the NSE.
Goldman Sachs held 3.11% stake within the firm as on March 31, 2025.
Right now, the inventory ended at Rs 483 on the NSE, down 10.75 or 2.18%.
TDPS was based in April 1999 and is headquartered in Bengaluru with gross sales workplaces in Germany, Turkey, Japan & USA. The corporate makes turbines & motors.
Shares of TD Energy Methods are buying and selling above its 50-day and 200-day easy averages (SMAs) of Rs 411 and Rs 407, respectively.The inventory has been fairly unstable and has traded with a 1-year beta of 1.5 in accordance with Trendlyne knowledge.The smallcap inventory which has a market capitalisation of Rs 7,543.67 crore reported a web revenue of Rs 44 crore in Q4FY25 versus Rs 35 crore within the 12 months in the past interval. This interprets right into a 26% progress on the year-on-year foundation. The online gross sales within the quarter below overview stood at Rs 376.34 crore which was up by 40% over Rs 267.83 crore within the corresponding quarter of the earlier monetary 12 months.
The corporate’s board additionally really helpful a last dividend of Rs 0.65 per fairness share for the monetary 12 months ended March 31, 2025. The dividend payout will likely be topic to the approval on the Annual Normal Assembly (AGM) of the corporate and will likely be paid inside 30 days from the date of AGM.
(Disclaimer: Suggestions, ideas, views and opinions given by the specialists are their very own. These don’t symbolize the views of Financial Instances)
