Goldman Sachs buys shares price Rs 50 crore on this smallcap inventory through block deal
The shares have been purchased by way 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.
Immediately, 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 places of work in Germany, Turkey, Japan & USA. The corporate makes turbines & motors.
Shares of TD Energy Techniques 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 response to 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% development on the year-on-year foundation. The web gross sales within the quarter underneath evaluation 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 useful a closing dividend of Rs 0.65 per fairness share for the monetary 12 months ended March 31, 2025. The dividend payout shall be topic to the approval on the Annual Common Assembly (AGM) of the corporate and shall be paid inside 30 days from the date of AGM.
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