TD Power Systems Ltd

TD Power Systems Ltd. (TDPS) has announced a significant milestone, securing an export order valued at Rs 67 crore from a prominent multinational corporation. The contract entails the supply of critical components for traction motors, with deliveries slated between January 2026 and December 2027. This development underscores TDPS' growing influence in the international market and its prowess in precision engineering.

India’s equity benchmarks closed lower in a volatile midweek session, with the Nifty 50 retreating by 0.3% to settle at 24,752.45, even as the Bank Nifty managed marginal gains of 0.12% on the back of strength in PSU banks. Sectorally, FMCG and healthcare stocks underperformed, while broader market indices showed mixed trends. Analysts caution that technical resistance near the 24,900–25,000 zone could cap near-term upside, especially ahead of the monthly derivatives expiry.