TD Power Systems profit doubles to Rs 123.75 crore

TD Power Systems posted Q2 FY27 profit of Rs 123.75 crore; the stock faces resistance at 739 and support at 557. TD Power Systems Limited [ TDPOWERSYS ] rallied as much as 9.6% in morning trade on 13 November, the first session after its Q2 FY27 results on 12 November. Sales and profit growth drove the move. Consolidated net profit rose 105.6% to Rs 123.75 crore from Rs 60.2 crore a year ago. Revenue grew 85.94% to Rs 841.3 crore from Rs 452.5 crore. Order inflow in the quarter was Rs 824.4 crore, up 57%, and the company raised its FY27 revenue guidance to Rs 2,900 to 3,000 crore. Profit grew faster than revenue because the EBITDA margin widened to about 20.6%. The daily chart shows a bounce from the Rs 557 support after a pullback from the high near Rs 860. Price opened at Rs 654.95, touched Rs 685.90, and has faded to about Rs 656, still 4.8% above the previous close. Resistance sits at Rs 739. A close above it would clear the last swing high and put the Rs 860 high back in view, while a close below Rs 557 would break the recovery. Stance: positive above Rs 557, with Rs 739 the level to clear. Disclosure: I do not hold any position in this stock. This is not a recommendation to buy or sell. Investments in securities markets are subject to market risks. Read all related documents carefully before investing.