Industrials
TD Power Systems Limited (NSE: TDPOWERSYS) breaks below support, falls 5%
TD Power Systems Limited (NSE: TDPOWERSYS) stock price falls 5% intraday to ₹1124.3, breaking below support in the Industrials » Specialty Industrial M.
TD Power Systems Limited (TDPOWERSYS) breaks below support, falling -5% today. This move is driven by technical factors, specifically the stock breaking below its 6-month support trendline. TD Power Systems, a key player in the specialty industrial machinery sector, has seen its stock price drop despite the broader sector showing mixed momentum. Today’s decline appears to be more company-specific rather than a sector-wide trend.
Technical setup — trendlines & DMA
The current trendline structure for TD Power Systems shows a breakdown below the 6-month support trendline, which ended at ₹1243.16. The stock is now trading 10.57% below this support level, indicating a bearish signal. Resistance is noted at ₹1501.49, which is 33.55% above the current price. The 50-day moving average (DMA) is at ₹1226.0, above the 200-DMA at ₹876.5, suggesting a bullish long-term trend but a short-term recovery phase. The stock is currently in the upper third of its 52-week range, implying that a significant portion of its potential upside may already be priced in.
Snapshot: ₹1,124.30 on 2026-07-03 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 78.0 and profit margins at 12.9%, TD Power Systems’ valuation appears stretched relative to its current earnings, especially given its revenue CAGR of 29.8%. The market seems to be pricing in future growth rather than current profitability. Institutional ownership stands at 37.9%, indicating a level of confidence from sophisticated investors. However, there was no NSE catalyst today to explain the move, suggesting it is primarily driven by technical factors.
Algorithmic scorecard
The overall algorithmic scorecard for TD Power Systems reflects a balanced view, with strong technical indicators offset by some fundamental weaknesses. The strongest signals include excellent revenue and profit CAGRs, highlighting robust growth, and very low debt, indicating strong financial health. On the weaker side, the stock is overvalued relative to its growth rate, and it offers negligible dividend yield, which may deter income-focused investors. These factors suggest that while the company is growing rapidly and has a solid financial base, its valuation and income generation could pose risks for certain types of investors.
Company outlook
Management provided a positive outlook for TD Power Systems, expecting 10% to 12% growth in the domestic steam turbine market. The order book is projected to grow by 20% to 25% in FY ’28 over FY ’27. Revenue guidance for FY ’27 is set at INR2,400-plus crores, with a capacity to address INR32 billion for FY ’28. The company plans to invest an additional INR50 crores in capex over the next two financial years to add incremental capacity and enhance automation. These initiatives underscore the company’s commitment to growth and operational efficiency.
Get all details on TDPOWERSYS — P&L, peers, shareholding and more on TradeAlone.
GREAVESCOT
Greaves Cotton Limited (greavescot) Unveils Ampere’s New Nexus EX+ with Enhanced Features
Greaves Cotton Limited (GREAVESCOT) announces Ampere’s new Nexus EX+, featuring a powerful 5 kW motor and IoT-enabled Intellipack.
Greaves Cotton Limited (GREAVESCOT) has announced the launch of Ampere’s new Nexus EX+, strengthening its award-winning Nexus EV with IoT-enabled Intellipack. The new Nexus EX+ comes with a more powerful 5 kW motor and an IP65-rated water-resistant charger, enhancing the scooter’s performance and durability.
Enhanced Performance
The new Nexus EX+ features a powerful 5 kW motor, delivering stronger pick-up, 0-40 kmph acceleration in 4.5 seconds, and enhanced gradeability for steep climbs, flyovers, and hilly terrain. The scooter also includes an IP65-rated water-resistant charger, ensuring durability across varied weather conditions.
Smarter Ownership Experience
The Nexus EX+ is equipped with next-generation LFP battery technology, promising a long battery life of 200,000 km. Combined with lower running costs, this long-life battery provides a strong total cost of ownership advantage for customers transitioning from petrol scooters to electric mobility. The scooter is available in two variants: Nexus EX+ priced at INR 1,29,999 and Nexus EX+ with Intellipack priced at INR 1,35,999, offered in premium colors Carbon Knight and Steel Grey.
Speaking on the launch, Mr. Vikas Singh, Managing Director, Greaves Electric Mobility, said, “The Nexus has consistently demonstrated Ampere’s focus on purposeful innovation, durability, and real-world performance. With the launch of the new Nexus EX+, we are strengthening this award-winning EV platform with IoT-enabled Intellipack, stronger performance, and greater everyday confidence. Intellipack makes ownership smarter and more convenient, while the 5 kW motor enhances pick-up and gradeability across flyovers, hilly roads, pillion riding, and load-bearing conditions. The IP65-rated charger further adds to the product’s reliability across varied weather conditions. This is another step in building electric scooters that are practical, resilient, and aligned with the evolving needs of Indian riders.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Greaves Cotton Limited
Greaves Cotton Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.
Greaves holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG stands at 4.75 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 2.8x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 13 for sellers — a healthy accumulation pattern. The stock rises -0.3% in three months on 8.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Greaves Cotton Limited.
BHARATFORG
Bharat Forge Limited (bharatforg) Secures Long-term Contract with Pratt & Whitney Canada
Bharat Forge Limited (BHARATFORG) secures a long-term contract with Pratt & Whitney Canada for aerospace engine components, showcasing its global aerospace p.
Bharat Forge Limited (BHARATFORG), a global leader in advanced forging and precision engineering, has secured a long-term contract with Pratt & Whitney Canada, a renowned aerospace engine manufacturer, for the supply of mission-critical aerospace engine components. This partnership highlights Bharat Forge’s position as a trusted global aerospace partner.
Advanced Manufacturing Facility
The components will be manufactured at Bharat Forge’s state-of-the-art aerospace facility in India, developed to produce high-performance, high-value aero-engine products. The facility integrates advanced manufacturing technologies and operates in accordance with the highest global standards of quality, precision, reliability, and traceability required by the aerospace industry.
Leadership Comments
Amit Kalyani, Vice-Chairman and Joint Managing Director, Bharat Forge Ltd., said, “This long-term partnership with Pratt & Whitney Canada is a testament to Bharat Forge’s leadership in the global aerospace supply chain. It reflects our commitment to delivering world-class aerospace solutions through advanced manufacturing, operational excellence, and uncompromising quality standards. We look forward to supporting Pratt & Whitney Canada’s programs and furthering India’s advancement in aerospace manufacturing expertise.”
“This collaboration with Bharat Forge reflects our commitment to building a resilient, high-performing global supply chain that supports our customers and future growth ambitions,” said Nathalie Rivet, Vice President, Supply Chain, Pratt & Whitney Canada. “We are confident in Bharat Forge’s high-performance aerospace manufacturing capabilities, technical excellence, and a robust commitment to quality that aligns with our niche requirements, to strengthen our supply chain sourcing from India.”
The partnership reflects the confidence leading aerospace OEMs place in Bharat Forge’s engineering expertise, manufacturing excellence, and commitment to delivering mission-critical high-value solutions that meet the global aerospace industry’s stringent performance requirements.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Bharat Forge Limited
Bharat Forge Limited belongs to the Industrials › Metal Fabrication sector. Here’s a quick read on where the business and the stock stand today.
Bharat falls 12.2% over three months and has not found a floor yet. The PEG stands at 4.83 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock holds at 62% of its 52-week range with RSI at 35. In other words, neither side has a clear edge right now. Revenue grows at 9.7% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Bharat Forge Limited.
AXISCADES
Axiscades Technologies Limited Initiates Voluntary Solvent Liquidation of German Subsidiary
AXISCADES Technologies Limited announces the voluntary solvent liquidation of its German subsidiary, add-solution GmbH, completing its exit from automotive e.
AXISCADES Technologies Limited (NSE: AXISCADES) today announced the voluntary solvent liquidation of its wholly-owned German subsidiary, add-solution GmbH. This strategic move completes the Group’s exit from automotive engineering services. The liquidation, effective from 25 September 2026, follows an evaluation of strategic alternatives and the decision to focus on the Company’s core growth platforms: aerospace manufacturing, defence, XIDA, and space.
Strategic Rationale
The decision to liquidate add-solution GmbH is financially disciplined and addresses a non-core, loss-making exposure. The orderly, solvent process under German law supports the Company’s focus on earnings quality, capital efficiency, and disciplined execution of its Power 930 growth plan. add-solution contributed ₹15.62 crore (1.35%) of FY26 consolidated turnover and had a negative net worth of ₹14.37 crore as at 31 March 2026.
Liquidation Process
The liquidation will be conducted in accordance with applicable German law. The liquidator will realize assets, settle liabilities, and complete the winding-up process. Any accounting effects will be recognized in the Company’s results for the relevant periods in accordance with applicable accounting standards. The Company will keep the stock exchanges informed of material developments as required under the SEBI (LODR) Regulations, 2015.
The liquidation is not expected to have any material impact on the Company’s operations or profitability, while removing a recurring drag on consolidated profitability. This move aligns with AXISCADES’ strategy to streamline operations and focus on its core competencies.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of AXISCADES Technologies Limited
AXISCADES Technologies Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
AXISCADES gains 39.9% over three months and trades near its 52-week highs. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. RSI hits 78, a level that signals the stock runs hot. Notably, buyers drove volume on 17 recent sessions — though at these levels, some profit-taking is normal. The stock rises 39.9% in three months. Yet revenue grows at only 12.5% and the PEG stands at 99.00. Either the market prices in a turnaround that has not shown up yet, or this is momentum without substance. Check the next two earnings prints before drawing conclusions. Check Fundamentals of AXISCADES Technologies Limited.
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