Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
129.50
Change Change %
1.05 0.82%

Updated:16 Nov, 2018, 14:22 PM IST

BSE
129.00
Change Change %
-0.95 -0.73%

Updated:16 Nov, 2018, 14:48 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
16-05-2016 Buy 225.00 409.00
N/A
Closed Long (1Y)
16-05-2017

Nirmal Bang maintains buy on TD Power Systems

TD Power Systems posted consolidated revenues of Rs 120 crore in Q4, which is marginally below our estimates of Rs 130 crore as revenue from EPC segment declined 99 per cent as it has been wound up. It posted healthy improvement in gross margins by 650 basis points. The management expects a healthy pick-up in generator order inflows. The brokerage maintains buy on the stock with revised target price of Rs 409 compared to Rs 425 earlier.

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