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Business Standard
12 hours ago
- Business
- Business Standard
₹67-crore order pushes TD Power Systems share price 3% higher; details
TD Power Systems shares rose after the company announced that it has secured an order worth approximately ₹67 crore. SI Reporter New Delhi TD Power Systems share price: TD Power Systems shares rose up to 2.51 per cent to hit an intraday high of ₹528.25 per share on the last trading day of the week i.e Friday, June 20, 2025. However, by 9:22 AM, TD Power Systems shares were off day's high, and were trading merely 0.42 per cent higher at ₹517.45. In comparison, BSE Sensex was trading 0.32 per cent higher at 81,621.72 level. Why did TD Power Systems share price rise today? TD Power Systems shares rose after the company announced that it has secured an order worth approximately ₹67 crore. In a press release, TD Power Systems said, 'The Company is pleased to announce the receipt of a prestigious order valued at approximately ₹67 crore (exclusive of taxes) from a leading multinational corporation for the supply of components for traction motors for export.' Under the terms of the order, TD Power Systems will be responsible for the supply of components for traction motors for export. The deliveries are scheduled to be completed from January 2026 to December 2027. 'This order further demonstrates TDPS's technical expertise and trusted capabilities in delivering high-precision components that meet global standards,' TD Power Systems said. TD Power Systems Q4 results TD Power Systems' consolidated profit after tax (PAT) grew 93 per cent year-on-year (Y-o-Y) to ₹52.6 crore in Q4FY25, from ₹27.3 crore in Q4FY24. Its revenue from operations jumped 32 per cent Y-o-Y to ₹348.2 crore, from ₹263.8 crore a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) climbed 69 per cent Y-o-Y to ₹73.6 crore, from ₹43.4 crore in Q4FY24. Subsequently, Ebitda margin expanded 430 basis points (bps) to 20.7 per cent in Q4FY25, from 16.4 per cent in Q4FY24. The company's order inflow grew 43 per cent annually to ₹413.4 crore in Q4FY25, from ₹289.7 crore a year ago. TD Power Systems dividend TD Power Systems board also recommended a final dividend of ₹0.65 per equity share of face value of ₹2 each for the financial year ended March 31, 2025. The said dividend, if declared at the ensuing Annual General Meeting (AGM) of the company, will be paid within 30 days from the date of AGM. About TD Power Systems TD Power Systems specialises in the manufacturing of AC generators and electric motors, serving a broad spectrum of power generation and industrial applications. Its product portfolio includes generators designed for steam, gas, hydro, and wind turbines, as well as for diesel and gas engines. Additionally, TD Power Systems produces a variety of electric motors, including induction, traction, and synchronous types. The company supports diverse sectors, with solutions tailored for renewable and thermal energy, along with a wide range of industrial uses.
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Business Standard
12-06-2025
- Business
- Business Standard
This smallcap defence stock jumps 5% in trade today; here's why
NIBE share price rose after securing an order worth Rs 23.33 crore from an infrastructure and defence company for supply of armour plat MIL12560 (ARMOUR). SI Reporter New Delhi NIBE share price: NIBE shares rose up to 4.54 per cent to hit an intraday high of ₹1,986 per share on Thursday, June 12, 2025. At 11:11, NIBE shares were off day's highs, and were trading 3.38 per cent higher at ₹1,964 per share. In comparison, BSE Sensex was trading 0.36 per cent lower at 82,214.10 levels. Track LIVE Stock Market Updates Here Why did NIBE share price rise in trade today? NIBE share price rose after securing an order worth ₹23.33 crore from an infrastructure and defence company for supply of armour plat MIL12560 (ARMOUR). In an exchange filing, NIBE said, 'This is to inform that the Company has received a Purchase Order from one of the leading Infra and Defence Company for Supply of Armour Plate MIL12560 (ARMOUR) for a total consideration of ₹23.33 crore (inclusive of all taxes and duties).' The company further said that the order will be executed in tranches by May 31, 2026. Earlier this week, NIBE entered into a licensing agreement with Research & Development Establishment (Engrs.) (R&DE(E)), Pune, Defence Research and Development Organisation (DRDO), India, Ministry of Defence, Government of India for transfer of technology of 'Modular Bridging System' of various lengths from 14m to 46m. The 'Modular Bridging System' is a state-of-the-art, mechanically launched mobile bridge, developed by DRDO. It is a complex, multi-disciplinary engineering solution capable of rapidly deploying bridges up to spans of 46m to enable the crossing of tracked and wheeled vehicles. The system is specifically designed to address the dynamic requirements of the Indian Armed Forces and other Government agencies, NIBE explained. ALSO READ | About NIBE NIBE, an Indian defence technology company, is engaged in the development, manufacturing, and integration of sophisticated defence systems. With a strong focus on innovation, self-reliance, and global collaboration, NIBE plays a crucial role in boosting the country's defence readiness and export capabilities. NIBE's market capitalisation is ₹2,805.84 crore, according to BSE. The company falls under the BSE SmallCap category. The 52-week high of NIBE is ₹2,245.40, while its 52-week low is ₹753.05 apiece. Track LIVE Stock Market Updates Here
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Business Standard
05-06-2025
- Business
- Business Standard
Here's why Angel One share price is buzzing in trade on Thursday, June 5
Angel One shares were in demand after announcing the May 2025 business update. The company's client base surged 23.83 per cent Y-o-Y to 31.95 million in May 2025, as against 23.83 million in May 2024 Angel One share price today SI Reporter New Delhi Angel One share price: Angel One shares were buzzing in trade on Thursday, June 5, 2025, with the stock rising up to 3.83 per cent to hit an intraday high of ₹3,249 per share. At 12:50 PM, Angel One shares continued to trade near day's high, up 3.38 per cent at ₹3,234.95 per share. In comparison, BSE Sensex was trading 0.76 per cent higher at 81,616.69 levels. What drove Angel One shares higher today? Angel One shares were in demand after announcing the May 2025 business update. The company's client base surged 23.83 per cent year-on-year (Y-o-Y) to 31.95 million in May 2025, as against 23.83 million in the same month last year (May 2024). Its average client funding book zoomed 46.2 per cent Y-o-Y to ₹4,005 crore in May 2025, from ₹2,740 crore in May 2024. The company's unique MFs SIP registered grew 32.8 per cent annually to 6,28,280 in May 2025, from 4,73,220 in May 2024. Angel One's cash average daily turnover (ADTO) rose 4.2 per cent annually to ₹8,600 crore, from ₹8,300 crore a year ago. Its Commodity ADTO climbed 47.2 per cent Y-o-Y to ₹74,500 crore in May 2025, from ₹50,600 crore in May 2024. The Cash Turnover Market Share also expanded 91 basis points (bps) to 18 per cent in May 2025, from 17.1 per cent in May 2024. However, gross client acquisition fell 43.1 per cent to 0.50 million in May 2025, from 0.88 million in May 2024. Average daily orders dropped 23.4 per cent annually to 5.79 million in May 2025, from 7.56 million in May 2024. It, however, surged 3.2 per cent month-on-month (M-o-M) from 5.61 million. Catch Stock Market Updates Today LIVE Angel One Q4 results The company's total revenue from operations dropped 22.1 per cent Y-o-Y to ₹1,056 crore, as against ₹1,357.3 crore a year ago. Profit after tax (PAT) plunged 48.7 per cent Y-o-Y to ₹174.5 crore in Q4FY25, from ₹399.9 crore in Q4FY24. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) plummeted 44 per cent annually to ₹264.3 crore in Q4FY25, from ₹475.5 crore in Q4FY24. Angel One's net broking revenue fell around 28 per cent to ₹490.6 crore as against ₹685.6 crore in the March 2024 quarter. Angel One dividend Angel One's board of directors approved and recommended a final dividend of ₹26 per share for FY25. About Angel One Established in 1996, Angel One (formerly Angel Broking) is among the leading retail stockbroking and financial services firms in India, founded and chaired by Dinesh Thakkar. The company provides a broad suite of offerings, including equities, derivatives, mutual funds, insurance, and personal loans. As of March 2024, Angel One serves a client base of 3.1 crore, with total assets under management (AUM) exceeding ₹3,700 crore.
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Business Standard
03-06-2025
- Business
- Business Standard
₹534-crore order lifts Transrail Lighting share price 6% on Tuesday, June 3
The uptick in Transrail Lighting share price came after the company announced that it has secured orders worth Rs 534 crore. SI Reporter New Delhi Transrail Lighting share price: Transrail Lighting shares were buzzing in trade in a weak market on Tuesday, June 3, 2025, with the scrip rallying up to 5.86 per cent to hit an intraday high of ₹675.85 per share. By 10:20 AM, Transrail Lighting share was off day's high, and was trading 2.32 per cent higher at 653.20 per share. In comparison, BSE Sensex was trading 0.24 per cent lower at 81,179.95 levels. Why did Transrail Lighting share price jump in trade today? The uptick in Transrail Lighting share price came after the company announced that it has secured orders worth Rs 534 crore. In an exchange filing, Transrail Lighting said, 'Transrail Lighting,, a prominent EPC player in the Transmission & Distribution (T&D) segment, with presence in Civil, Railways, and Poles & Lighting, wins fresh orders of ₹534 crore across domestic and international geographies.' On securing the deal, Randeep Narang, MD & CEO of Transrail Lighting, said, 'We are pleased to begin the new financial year with a steady build-up in order inflows, led by wins in our core Transmission & Distribution segment. These new orders also include our biggest substation job which we are going to execute in Africa. With FY26 order intake already crossing ₹1,600 crore, we remain focused on efficient execution and timely delivery.' About Transrail Lighting Transrail Lighting is among the leading engineering, procurement, and construction (EPC) companies with a strong focus on the power transmission and distribution (T&D) sector. The company brings over four decades of industry expertise and operates globally, with a presence in 59 countries across five continents. It delivers end-to-end turnkey solutions, encompassing design, engineering, supply, manufacturing, construction, and testing services. Its diverse business verticals include Power T&D, Civil Construction, Railways, Poles & Lighting, and Solar EPC, supported by a team of more than 2,100 employees. In the Power T&D segment, Transrail Lighting operates large-scale manufacturing facilities in India, producing Galvanized Lattice Towers, Overhead Conductors, and Galvanised Monopoles. These facilities are complemented by a state-of-the-art, accredited tower testing facility, ensuring the highest standards of quality and performance.
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Business Standard
02-06-2025
- Business
- Business Standard
Niva Bupa share price drops 11% in trade on Monday, June 2; here's why
Niva Bupa share price fell on the back of a huge block deal. As soon as the market opened, 198.30 million or 10.85 per cent of total equity of Niva Bupa at ₹82.4 worth ₹1,634 cr changed hands on BSE SI Reporter New Delhi Niva Bupa share price: Health insurance company Niva Bupa share price was under pressure on the first trading day of June i.e. Monday, June 2, 2025, with the stock dropping up to 11.14 per cent to an intraday low of ₹82 per share. At 9:54 AM, Niva Bupa share price was trading 9.73 per cent lower at ₹83.30. In comparison, BSE Sesex was trading 0.75 per cent lower at 80,840.11 levels. Why did Niva Bupa shares drop in trade today? Niva Bupa share price fell on the back of a huge block deal. As soon as the market opened, 198.30 million or 10.85 per cent of total equity of Niva Bupa at ₹82.4 worth about ₹1,634 crore changed hands on BSE. By 10:01 AM, 232.73 million shares worth ₹1,919.84 crore had changed hands on BSE. According to reports, Fettle Tone and Krishnan Ramchandra were likely to offload a 7.2 per cent stake in Niva Bupa Health Insurance Company Ltd. Niva Bupa Q4 results Niva Bupa Health Insurance Company's consolidated profit after tax (PAT) rose 31 per cent year-on-year (Y-o-Y) to ₹206 crore in Q4FY25, from ₹157 crore in the same period last year (Q4FY24). Gross premiums written rose 18 per cent to ₹2,078.65 crore, compared to ₹1,759 crore in Q4FY24. Net premium income for the quarter stood at ₹1,672.11 crore, up from ₹1,152.43 crore a year earlier. Net income from investments came in at ₹93.78 crore during the quarter, compared to ₹67.91 crore in the year-ago period. The company's solvency ratio improved to 3.03 in FY25 from 2.55 in FY24, indicating strong financial health and an enhanced ability to meet long-term obligations. About Niva Bupa Niva Bupa Health Insurance Company is one of India's leading standalone health insurers, formed as a joint venture between Bupa, a global leader in healthcare services, and Fettle Tone LLP, an affiliate of True North Fund VI LLP, a prominent Indian private equity firm. The company is dedicated exclusively to health insurance, offering a diverse portfolio of plans tailored for individuals, families, and senior citizens. With a focus on delivering accessible and high-quality healthcare, Niva Bupa combines global expertise with a deep understanding of the Indian market. The company provides a comprehensive suite of services including hospitalisation cover, day-care treatments, outpatient care, and maternity and senior citizen plans. It boasts a robust network of over 8,700 hospitals for cashless claims and offers added conveniences like unlimited teleconsultation and 24/7 digital support through its health app and Insta Assist platform. With a widespread distribution network across 350 cities and partnerships with over 35,000 bank branches, Niva Bupa continues to strengthen its presence in the health insurance sector while prioritising customer-centric service and innovation.
