Archive · 23 May 2025
Goldman Sachs Buys Shares of TD Power Systems for ₹50.30 Crore
Goldman Sachs, a big investment company, bought a lot of shares in TD Power Systems.
This means Goldman Sachs believes TD Power Systems is a good company.
They bought about 11 lakh shares for around ₹50 crore.
Each share was bought at a slightly cheaper price than the day before.
TD Power Systems makes generators and motors.
The company's recent earnings showed they made a profit of 44 crore rupees in the last quarter.
The company is doing well and their sales are increasing.
Goldman Sachs, through its India Equity Portfolio, bought shares of TD Power Systems.
The purchase involved approximately 11 lakh shares.
The total purchase amount was Rs 50.30 crore, with shares priced at Rs 460 each.
The purchase price was a 7% discount compared to the previous day's closing price.
TD Power Systems reported a net profit of Rs 44 crore in Q4FY25.
- Who
- Goldman Sachs India Equity Portfolio purchased shares of TD Power Systems.
- What
- Goldman Sachs acquired approximately 11 lakh shares of TD Power Systems through block deals.
- When
- The purchase occurred on Thursday.
- Where
- The purchase was made on the National Stock Exchange (NSE). TD Power Systems is based in Bengaluru.
- Why
- The purchase by Goldman Sachs indicates confidence in TD Power Systems.
- Buyer
- Goldman Sachs India Equity Portfolio
- Shares Purchased
- 11 lakh
- Purchase Amount
- ₹50.30 crore
- Purchase Price
- ₹460 per share
- Discount from previous day's closing price
- 7% discount
- Previous day's closing price
- ₹494.10
- Goldman Sachs stake as of March 31, 2025
- 3.11%
- TD Power Systems closing price on Friday
- ₹483
- TD Power Systems Q4FY25 Net Profit
- Rs 44 crore
- TD Power Systems Q4FY25 Net Sales
- Rs 376.34 crore