TD Power Systems shares in focus after Goldman Sachs buys Rs 50 crore stake via block deal

TD Power Systems shares will be in focus on Friday after Goldman Sachs purchased nearly 11 lakh shares of the smallcap company via block deals on Thursday, valued at Rs 50.30 crore.

The shares were bought through its arm Goldman Sachs India Equity Portfolio at a price of Rs 460 per share which was at a discount of 7% from the closing price of Rs 494.10 on the NSE.

Goldman Sachs held a 3.11% stake in the company as of March 31, 2025.

Founded in April 1999 and headquartered in Bengaluru, TDPS manufactures generators and motors, with sales offices in Germany, Turkey, Japan, and the US.

The stock is trading above its 50-day and 200-day simple moving averages of Rs 411 and Rs 407, respectively. It has shown high volatility, with a one-year beta of 1.5, according to Trendlyne data.

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The smallcap company, which has a market capitalisation of Rs 7,543.67 crore, reported a net profit of Rs 44 crore in Q4FY25 versus Rs 35 crore in the year-ago period. This translates into a 26% growth on a year-on-year basis. The net sales in the quarter under review stood at Rs 376.34 crore, up by 40% over Rs 267.83 crore in the corresponding quarter of the previous financial year.

TD Power Systems' board also recommended a final dividend of Rs 0.65 per equity share for the financial year ended March 31, 2025. The dividend payout will be subject to the approval at the Annual General Meeting (AGM) of the company and will be paid within 30 days from the date of AGM.

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On Thursday, the stock closed at Rs 483 on the NSE, down Rs 10.75 or 2.18%.

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