Industrials
TD Power Systems Limited (NSE: TDPOWERSYS) gains 5% intraday
TD Power Systems Limited (NSE: TDPOWERSYS) stock gains 5% intraday to ₹1238.0, despite a breakdown trendline status and not clearing 6M resistance.
TD Power Systems Limited (TDPOWERSYS) bounced intraday, gaining +5% to ₹1238.0 on the NSE on 17 Jun 2026, despite the 6-month trendline status remaining in breakdown. This recovery comes after the company announced the appointment of a new Head of IT, as per the NSE filing. TD Power Systems, a player in the specialty industrial machinery sector, saw this move as a company-specific reaction rather than a sector-wide momentum shift.
Technical setup — trendlines & DMA
The current 6-month trendline structure shows a breakdown, with the stock trading below both the support and resistance levels. The 6-month support trendline ends at ₹1308.1, which is 5.66% above today’s price, while the resistance trendline ends at ₹1501.49, 21.28% above. The 50-DMA at ₹1157.1 is above the 200-DMA at ₹837.8, indicating a bullish trend, though the stock is just recovering rather than extended above both moving averages. Currently, the stock is in the upper third of its 52-week range, suggesting that a significant portion of the potential move is already priced in.
Snapshot: ₹1,238.00 on 2026-06-17 (chart frozen at publication)
Fundamentals & business context
With a PE of 76.3, profit margins of 12.9%, and a revenue CAGR of 29.8%, TD Power Systems is trading at a high valuation relative to its current earnings. The market seems to be pricing in strong future growth, though the valuation appears stretched given the current profit margins. The 40.4% institutional ownership suggests that smart money has a positive view of the company’s long-term prospects. There was no specific NSE catalyst today beyond the management change announcement.
Algorithmic scorecard
The overall algorithmic scorecard reflects a balanced view, with strong technical indicators offset by weaker fundamental signals. The strongest technical signal is the bullish trend, with the 50-DMA above the 200-DMA, and the stock’s performance over the last year, gaining 130.6%. These indicate robust momentum and investor confidence. On the fundamental side, the weakest signals are the overvalued PEG ratio of 2.17 and the negligible dividend yield of 0.17%, suggesting that the stock may be expensive relative to its growth rate and offers little income to shareholders. Additionally, the moderate public holding of 22.62% indicates a balanced ownership structure, which can be seen as a positive but also means the stock is not widely held by the public.
Company outlook
Management provided forward-looking guidance, expecting 10% to 12% growth in the domestic steam turbine market and order book growth of 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 around another INR50 crores in capex this year and next financial year towards adding incremental capacity and automation. These initiatives highlight the company’s focus on expanding its market presence and enhancing operational efficiency.
Get all details on TDPOWERSYS — P&L, peers, shareholding and more on TradeAlone.
AARVI
Aarvi Encon Limited (aarvi) Unveils 2snapshot: Pioneering Technical Staffing Solutions
Aarvi Encon Limited (AARVI) reveals 2Snapshot, showcasing 38 years of management expertise and over 50,000 deputed personnel.
Aarvi Encon Limited (AARVI) has unveiled its 2Snapshot, highlighting its proven management experience of 38 years and the deputation of more than 50,000 personnel. As a leading Indian technical staffing solutions company, Aarvi Encon has been servicing diversified sectors like Oil & Gas, Engineering, Power, and Renewables. The company’s 3-year revenue CAGR stands at 14% with a low gearing ratio of 0.10x, reaffirming its strong financial health.
Company Overview
Incorporated in 1987, Aarvi Encon pioneered the concept of technical staffing services in India. With over 8,000 engineers and technical personnel on its payroll, it has become one of the largest technical staffing solution providers. The company offers services including deputation of technical staffing, project management, construction supervision, inspection services, and operational maintenance. Aarvi Encon’s flexible business model and world-class engineering and operational standards have earned it certifications like ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015.
Key Milestones
Aarvi Encon has achieved numerous milestones over the years, including the deployment of over 50,000 personnel, marking a turnover of over INR 500 crore, and establishing a presence in international markets like the UAE, Saudi Arabia, Qatar, Malaysia, Indonesia, and Oman. The company has also been recognized with several awards, including the ‘India’s Top Brand of the year Award – 2025’ by My Brand Better Organisation.
As Aarvi Encon Limited (AARVI) continues to expand its footprint, it remains committed to delivering significant cost savings and operational excellence to its esteemed clientele, including names like Reliance Industries Limited, Indian Oil, and Larsen & Toubro.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Aarvi Encon Limited
Aarvi Encon Limited belongs to the Industrials › Staffing & Employment Services sector. Here’s a quick read on where the business and the stock stand today.
Aarvi moves sideways over three months, with neither buyers nor sellers taking control. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The PEG of 1.61 limits the upside. The stock does not come cheap. The stock holds at 47% of its 52-week range with RSI at 40. In other words, neither side has a clear edge right now. The stock rises -0.8% in three months on 14.4% 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 Aarvi Encon Limited.
Industrials
Kirloskar Industries Limited Appoints George Verghese as Managing Director of Avante Spaces Limited
Kirloskar Industries Limited (KIRLOSIND) appoints George Verghese as Managing Director of its subsidiary Avante Spaces Limited.
Kirloskar Industries Limited (KIRLOSIND) announced today the appointment of George Verghese as Managing Director of its wholly owned subsidiary, Avante Spaces Limited, effective from September 18, 2026. This new role adds to Verghese’s current responsibilities as Managing Director of KIL Pune and Managing Director of Kirloskar Industries Limited since May 20, 2025.
Leadership Expansion
Verghese’s new role at Avante Spaces is part of his broader leadership responsibilities within the Kirloskar Group. His extensive experience in business operations, human resources, strategy, marketing, and branding will further strengthen the company’s leadership across its various businesses.
Strategic Contributions
In his current role at KIL, Verghese has been instrumental in driving transformation initiatives, enhancing organizational effectiveness, and aligning business strategy with evolving priorities. His contributions have been pivotal in steering the company through strategic direction and operational alignment.
Rahul Kirloskar, Chairman of the Board at Avante Spaces Limited, commented on Verghese’s appointment, stating, ‘For over five years, George has been actively involved across multiple Kirloskar Group companies, contributing to business strategy, operational execution, and initiatives spanning HR, marketing, and culture. His experience across these areas has added valuable perspective to the Group’s journey, and his expertise will further strengthen Avante Spaces as it builds for the future.’
As he takes on this additional role, Verghese continues to play a key part in the long-term value creation and institutional strengthening of the Kirloskar Group.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Kirloskar Industries Limited
Kirloskar Industries Limited belongs to the Industrials › Metal Fabrication sector. Here’s a quick read on where the business and the stock stand today.
Kirloskar posts a 0.8% three-month gain, but softens in the last few weeks. The PEG stands at 17.40 — 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 gives back 1.6% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock holds up despite 1.4% revenue growth and a PEG of 17.40. That could signal an early turnaround. Alternatively, index flows simply support the price. Watch whether analysts revise estimates upward — that is the real signal. Check Fundamentals of Kirloskar Industries Limited.
Industrials
Larsen & Toubro Limited Unveils 40 Products at Semicon 2026 (LT)
Larsen & Toubro Limited’s LTSCT unveils 40 products at SEMICON 2026, marking a major milestone with its first silicon carbide chips.
Larsen & Toubro Limited’s (LT) subsidiary, L&T Semiconductor Technologies Limited (LTSCT), unveiled 40 products at SEMICON India 2026, marking a major milestone with its first silicon carbide chips. The showcase reflects LTSCT’s focus on strengthening India’s semiconductor capabilities across national security, digital sovereignty, and energy resilience.
Strategic Priorities
The 40-product portfolio addresses the growing need for indigenous compute and connectivity capabilities as India builds its data centre and AI infrastructure. The showcase features two significant milestones: LTSCT’s first Silicon Carbide (SiC) product platform and the tape-out of a fully designed-in-India BLDC motor controller.
Technological Advancements
The high-performance 1200V SiC MOSFET platform is engineered for next-generation power conversion applications. The platform is designed for use in EV fast chargers, microgrids, solid-state transformers, and traction inverters. LTSCT also taped out its highly integrated BLDC motor controller, a fully designed-in-India chip.
Future Outlook
Dr Sandeep Kumar, Chief Executive of L&T Semiconductor Technologies Limited, stated that India’s next growth chapter will be driven by digital technologies and megastructures. LTSCT aims to be one of the key pillars of India’s semiconductor mission, bringing decades of L&T’s engineering discipline to a sector that will define India’s technological sovereignty.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Larsen & Toubro Limited
Larsen & Toubro Limited belongs to the Industrials › Engineering & Construction sector. Here’s a quick read on where the business and the stock stand today.
Larsen falls 8.9% over three months and has not found a floor yet. Thin margins at 5.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The PEG of 2.09 makes it expensive versus peers. The premium needs earnings to catch up quickly. The stock holds at 48% of its 52-week range with RSI at 36. In other words, neither side has a clear edge right now. Revenue grows at 16.1% 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 Larsen & Toubro Limited.
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