B'luru-based manufacturing firm's stock gives 200% return in 1 yr

Shares of TD Power Systems, a Bengaluru-based AC generator and motor manufacturer, jumped nearly 18% to hit an intraday high of ₹1,504.20 on Wednesday. The stock, which traded at ₹493.90 per share in August last year, has gained over 200% since then. The rally on Wednesday followed a sharp 72% rise in the company’s net profit in the June quarter.