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Mint Reports TD Power Systems Shares Hit ₹604 Before Board Meeting

Mint's listed prices imply a 5.66% gain, while its report also described an increase of more than 5.90%.

Updated 2 min read
The National Stock Exchange’s Exchange Plaza stands in Mumbai’s Bandra-Kurla Complex. (AI-generated image / EconoTimes)
The National Stock Exchange’s Exchange Plaza stands in Mumbai’s Bandra-Kurla Complex. (AI-generated image / EconoTimes)

Mint reported that TD Power Systems shares reached ₹604 on Nov. 11 as Indian benchmarks advanced, one day before the company’s board was scheduled to consider its half-year results.

Mint listed an opening price of ₹580.35 and a previous-session close of ₹571.65. Subtracting the close from the ₹604 high gives a ₹32.35 rise, or about 5.66% of the close. Mint also characterized the increase as more than 5.90%, without reconciling the two percentages.

The National Stock Exchange of India (NSE) Indices holiday calendar lists Nov. 10 as a Diwali-Balipratipada holiday, consistent with Monday being the last trading session before Nov. 11.

Mint reported that the Sensex added more than 1,100 points and the Nifty moved above 25,300, with both indexes gaining more than 1%. It attributed the broader advance to foreign-investor inflows and favorable market cues.

Mint's headline also cited a 350% gain in TD Power Systems shares over three years. An NSE quote-page snapshot dated Nov. 9 showed a 316.59% three-year absolute return. That snapshot predates the Nov. 11 trading session.

TD Power Systems has scheduled its board to meet Nov. 12 to review unaudited results for the three- and six-month reporting periods that closed Sept. 30, 2026, and consider a proposal for an interim dividend. The exchange filing does not specify when the results will be released.

A separate company filing schedules an investor conference call for Nov. 13 to discuss the results. It lists Managing Director Nikhil Kumar, Chief Executive Officer Deepak Kumar Sinha and Chief Financial Officer M N Varalakshmi among the participants.

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