Up 27x in 5 yrs! Why this multibagger smallcap stock showing 50% fall in some trading apps today?
Why is TD Power Systems stock showing a 50% fall today? Here's why the multibagger turned ex-stock split and what it means for investors.
- Aug 24, 2026,
- Updated Aug 24, 2026 9:17 AM IST
TD Power Systems shares stock split: Mutlibagger power solutions player TD Power Systems Ltd might be showing up to 50 per cent fall in some trading apps today as all these the shares turned ex-split, adjusting to the pre-announced corporate action. It had announced to issue subdivided stocks for the eligible shareholders in 1:2 ratio, which is indicating a sharp downside in its price.
It means all the shares of TD Power Systems, with a face value of Rs 2 each, shall be split or subdivided into two shares with face value of Re 1 each as of today. Investors having the company shares in their demat account shall be eligible for the corporate action and the stock price shall be adjusted in the same ratio, that is, 1:2. From today, subdivided or adjusted shares shall be traded.
The company has fixed August 24 as the record date for the purpose of sub-division/stock split of one equity share having face value of Rs 2 each into two equity shares having face value of Re 1 each, as approved by the shareholders at their meeting held on Annual General Meeting of the company held on August 12, 2026, said TD Power Systems in the exchange filing.
Shares of TD Power Systems opened at Rs 780.10 on Monday, signaling a nearly 49-50 per cent fall from its previous close at Rs 1,534.15 on Friday. The total market capitalization of the company stood close to Rs 24,000 crore mark. The indicated fall was due to the 'subdivision' of its equity shares in 1:2 ratio. However, the stock was seen mostly flat in the early trade.
An existing investor of TD Power Systems, holding one share would receive one additional share, taking the holding to two. The corporate action would trigger a sharp price adjustment on the counter, as the stock split converts one share into two. The corporate action would improve liquidity and affordability, following the sharp run. However, the value of investment shall not be changed.
Friday, August 21, was the last day to buy TD Power Systems shares to become eligible for the aforesaid corporate actions as Monday marks the record date for it. The stock is under the 'T+1' settlement cycle. The record date determines the eligibility of shareholders for the corporate action. The move aims to increase stock liquidity and affordability for retail investors.
What makes stock splits attractive for investors is that they come free of cost. The impact of a bonus issue is straightforward: it increases the number of shares in circulation, which trims down the company’s free reserves and lowers earnings per share (EPS). As a result, the stock price adjusts downward. There is, however, no dilution of equity.
Shares of TD Power Systems have delivered a sharp 300 per cent rally to investors in the last one year, while the stock has soared more than 2,700 per cent in the last five years. The stock is up 130 per cent in 2026 so far, while it has soared nearly 40 per cent in the last one year.
To recall, TD Power Systems reported a 72.2 per cent jump in the net profit on a year-on-year (YoY) basis to Rs 86.3 crore, while its revenue increased 72 per cent YoY to Rs 640 crore for the June 2026 quarter. Its EBITDA increased 70.6 per cent YoY to Rs 124.3 crore with margins coming in at 19.4 per cent for the reported quarter. Its order book surged 87 per cent YoY to Rs 734 crore.
Only limited brokerage firms track the counter, but they continue to remain positive on the stock. Anand Rathi and Phillip Capital have a 'buy' rating on TD Power Systems with a target price of Rs 1,751 and Rs 1,800. However, these prices are on pre-IPO allotment basis.
TD Power Systems shares stock split: Mutlibagger power solutions player TD Power Systems Ltd might be showing up to 50 per cent fall in some trading apps today as all these the shares turned ex-split, adjusting to the pre-announced corporate action. It had announced to issue subdivided stocks for the eligible shareholders in 1:2 ratio, which is indicating a sharp downside in its price.
It means all the shares of TD Power Systems, with a face value of Rs 2 each, shall be split or subdivided into two shares with face value of Re 1 each as of today. Investors having the company shares in their demat account shall be eligible for the corporate action and the stock price shall be adjusted in the same ratio, that is, 1:2. From today, subdivided or adjusted shares shall be traded.
The company has fixed August 24 as the record date for the purpose of sub-division/stock split of one equity share having face value of Rs 2 each into two equity shares having face value of Re 1 each, as approved by the shareholders at their meeting held on Annual General Meeting of the company held on August 12, 2026, said TD Power Systems in the exchange filing.
Shares of TD Power Systems opened at Rs 780.10 on Monday, signaling a nearly 49-50 per cent fall from its previous close at Rs 1,534.15 on Friday. The total market capitalization of the company stood close to Rs 24,000 crore mark. The indicated fall was due to the 'subdivision' of its equity shares in 1:2 ratio. However, the stock was seen mostly flat in the early trade.
An existing investor of TD Power Systems, holding one share would receive one additional share, taking the holding to two. The corporate action would trigger a sharp price adjustment on the counter, as the stock split converts one share into two. The corporate action would improve liquidity and affordability, following the sharp run. However, the value of investment shall not be changed.
Friday, August 21, was the last day to buy TD Power Systems shares to become eligible for the aforesaid corporate actions as Monday marks the record date for it. The stock is under the 'T+1' settlement cycle. The record date determines the eligibility of shareholders for the corporate action. The move aims to increase stock liquidity and affordability for retail investors.
What makes stock splits attractive for investors is that they come free of cost. The impact of a bonus issue is straightforward: it increases the number of shares in circulation, which trims down the company’s free reserves and lowers earnings per share (EPS). As a result, the stock price adjusts downward. There is, however, no dilution of equity.
Shares of TD Power Systems have delivered a sharp 300 per cent rally to investors in the last one year, while the stock has soared more than 2,700 per cent in the last five years. The stock is up 130 per cent in 2026 so far, while it has soared nearly 40 per cent in the last one year.
To recall, TD Power Systems reported a 72.2 per cent jump in the net profit on a year-on-year (YoY) basis to Rs 86.3 crore, while its revenue increased 72 per cent YoY to Rs 640 crore for the June 2026 quarter. Its EBITDA increased 70.6 per cent YoY to Rs 124.3 crore with margins coming in at 19.4 per cent for the reported quarter. Its order book surged 87 per cent YoY to Rs 734 crore.
Only limited brokerage firms track the counter, but they continue to remain positive on the stock. Anand Rathi and Phillip Capital have a 'buy' rating on TD Power Systems with a target price of Rs 1,751 and Rs 1,800. However, these prices are on pre-IPO allotment basis.