TD Power Systems shares up 369% in three years ahead of dividend record date
TD Power Systems shares rose after quarterly results. The board approved a 0.65 rupee dividend per share, with the record date set for November 18.
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what happened
Shares of India's TD Power Systems remain in focus ahead of the dividend record date, which falls on Wednesday, November 18. According to Moody's, the stock gained 10.56% over the past week, a move that coincided with the company's second-quarter results for fiscal 2026-27.
The board approved a dividend of 0.65 rupees per share on a face value of 1 rupee. On Friday, November 13, the stock closed on BSE at 637.55 rupees, with a market capitalisation of 20,493.97 crore rupees. The shares are up 89.42% so far in 2026 and roughly 369% over three years.
SBI Securities rates the stock as a Buy with a target price of 732 rupees, according to the brokerage report cited by the publisher.
why it matters
The market is focusing on margin expansion, a solid order book and an upgraded company outlook. Management said demand for the equipment is driven by rising power needs of AI and hyperscale data centres, grid stability work and the shift to decarbonisation, rather than supply-side pressure.
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instruments
sources
- Dividend stock to buy: TD Power shares rally 369% in 3 years, more upside ahead? Check target price before record date — Moody's, 14 November 2026 at 13:34 UTC
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