TD Power system fantastic breakout

TD Power system gave a rectangle breakout with very good volume. RSI also had breakout. Good fundamental company. Capital goods, transformers, oil, gas stocks are good
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Target 1 428 reached
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Good FY25 Q1 result
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TD Power System Price & RSI breakout with volume above moving average in daily chart. Weekly chart RSI made 8M breakout
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TDPowerSystem after reaching target 1 428, profit booking is happening. 375-380 looks good to accumulate more.
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two large orders from two major international gas engine Original Equipment Manufacturers, with a combined value of INR 142 Crore for the supply of gas engine generators. These orders reflect a high increase in demand from the gas engine segment of the company’s business with end use for application in grid stabilization units, base load power and data centres.
All the generators are for the export markets and will be partly delivered during this financial year and partly delivered next year. The company expects further orders in this segment over the next few quarters.
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order book as on Oct 16 '24 INR 1,357 crore

Sovrenn on TDPowerSystem

x.com/sovrennofficial/status/1846540807605547393
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Received a five-year contract from an undisclosed Indian entity of an international company to supply traction motors to the European market

The initial order is worth 180 million rupees for a scheduled delivery in April 2025.

The total business volume from this contract is estimated to be around 3 billion rupees over the next five years.
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