NSE: TDPOWERSYS · 28 October 2026
- TD Power Systems has risen 12.56% over 3 trading sessions; today's move is +4.76%.
- The Fund Raising Committee approved the allotment of 77,41,935 equity shares to eligible qualified institutional buyers at an issue price of ₹775 per share, raising an aggregate of ₹599.99 crore. Major allottees included institutional funds such as Axis Mutual Fund, Canara Robeco Mutual Fund, and ICICI Prudential. This capital-raising initiative expanded the paid-up equity share capital from ₹31.37 crore to ₹32.14 crore.
- Trading volume was 0.79 times the 20-day average daily volume.
TD Power Systems share price: 12.56% rise over 3 trading sessions
TD Power Systems Ltd. (TDPOWERSYS) advanced by 4.76% today, settling at ₹719.90 after moving between a low of ₹692.55 and a high of ₹723.20.
While the broader market benchmark Nifty declined by 0.22%, the stock outperformed the general market tone, reflecting localized buying interest following recent corporate developments.
The movement coincides with recent institutional participation surrounding the company's qualified institutional placement of 77,41,935 equity shares at ₹775 per share, aggregating to ₹599.99 crore, which concluded successfully and drew strong backing from prominent mutual funds and institutional investors.
32.44 lakh shares traded by 28 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 40.97 lakh shares (0.79 times). The five-day average daily volume was 43.94 lakh shares. Separately, the NSE report for 27 October 2026 showed 18.34 lakh shares delivered, representing 46.53% of that day’s traded volume. The same report recorded 126,726 trades.
The upward price movement aligns with steady institutional accumulation and interest following the successful conclusion of the company's ₹600 crore QIP allotment to major mutual funds.
Latest Company Developments
The Fund Raising Committee approved the allotment of 77,41,935 equity shares to eligible qualified institutional buyers at an issue price of ₹775 per share, raising an aggregate of ₹599.99 crore. Major allottees included institutional funds such as Axis Mutual Fund, Canara Robeco Mutual Fund, and ICICI Prudential. This capital-raising initiative expanded the paid-up equity share capital from ₹31.37 crore to ₹32.14 crore.
The placement introduces significant institutional capital into the company and alters its shareholding structure significantly.
The company entered into a build-to-print manufacturing framework agreement with Siemens Energy, Inc. This strategic tie-up establishes a formal framework for specialized manufacturing co-operation between the parties.
Long-term framework agreements with global OEM leaders validate manufacturing capabilities and support export-oriented growth pipelines.
TD Power Systems Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on September 10, 2026. Further, the company has informed the Exchange regarding voting results.
'Receipt of Trading Approval For 12,50,000 Equity Shares Allotted On Preferential Basis'.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 27.00% on 12 October 2026. This compares with 25.67% on 30 September 2026, a change of +1.33 percentage points.
The filing reported 33 MF/UTI holders.
What to Watch Next
- Execution progress of the ₹600 crore QIP proceeds deployment
- Quarterly financial results and management commentary for the period ending September 30, 2026
- Order intake updates under the Siemens Energy manufacturing framework agreement
- Delivery volume trends relative to the 20-day average volume of 0.79x
Other Dated Coverage
More TD Power Systems news and dated analysis →
Frequently Asked Questions
What is the latest TD Power Systems company news?
The Fund Raising Committee approved the allotment of 77,41,935 equity shares to eligible qualified institutional buyers at an issue price of ₹775 per share, raising an aggregate of ₹599.99 crore. Major allottees included institutional funds such as Axis Mutual Fund, Canara Robeco Mutual Fund, and ICICI Prudential. This capital-raising initiative expanded the paid-up equity share capital from ₹31.37 crore to ₹32.14 crore.
How strong was TD Power Systems’s trading volume?
32.44 lakh shares traded, 0.79 times the 20-day average daily volume. The price and volume data are dated 28 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 12 October 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.