Bengaluru, May 13 -- This small-cap power stock, engaged in manufacturing AC generators for turbines and serving global markets across various sectors, focusing on power generation and renewable energy, jumped 4 percent after the company reported March quarterly results with an 83 percent YOY increase in net profit and announced a 32.5 percent dividend.

With a market capitalization of Rs. 6,834.59 crores, the share of TD Power Systems Limited has reached an intraday high of Rs. 441 per equity share, rising nearly 3.72 percent from its previous day's close price of Rs. 425.20. Since then, the stock has retreated and is currently trading at Rs. 437.60 per equity share.

Coming into the quarterly results of TD Power Systems Limited, the co...