# TD Power Systems: SBI Securities sets Rs 732 target, dividend record date Nov 18 2026-11-14T13:41:18+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Outlets counted: livemint.com TD Power Systems shares will be in focus ahead of the November 18 record date for a Rs 0.65 per share dividend. The stock ended the week with a 10.56% gain after the company reported strong Q2 results for July to September 2026, supported by margin expansion and a robust order book. SBI Securities has a ‘Buy’ rating on the stock with a target price of Rs 732 per share, implying a 14.8% upside from Friday's close of Rs 637.55. The brokerage cited demand for power equipment for AI data centres, grid stability, and decarbonisation as key drivers for the order book. Management said the order inflow is demand-driven and most of the pending order book is scheduled for execution over the next 12 months. The stock has surged 369% in three years and has a market capitalisation of Rs 20,493.97 crore. ## Indian Opinion Analysis SBI Securities sees a 14.8% upside on TD Power Systems at a time when the stock already trades at 51.8 times FY27 estimated earnings. The brokerage has tied its bullish call to demand from AI data centres and grid stabilisation equipment, sectors that are still emerging in India. The company's own guidance upgrade and the fact that most of the order book is executable within 12 months add near-term visibility. The next concrete trigger for shareholders is the November 18 record date for the dividend. ## Coverage - livemint.com Straight market report led by dividend record date and brokerage target, no editorial slant. This brief was synthesised by AI from the source linked above. Tags: BSE, dividend, SBI Securities, TD Power Systems Canonical: https://indianopinion.org/td-power-systems-sbi-securities-sets-rs-732-target-dividend-record-date-nov-18/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/td-power-systems-sbi-securities-sets-rs-732-target-dividend-record-date-nov-18/#story-in-brief Gate decision: carve_out (pass: utility (deadline_or_rule_change, price:record date), qualifying outlets 1, relevance 7) Utility kind: deadline_or_rule_change (price:record date) Freshness: pass (fresh: newest qualifying source 2026-11-14 10:27Z (feed), 3.2 h old) Image: photograph. Source: https://www.livemint.com/lm-img/img/2026/11/14/382x214/TD_Power_Systems_Dividend_Momentum_1794651949449_eln0_1794651966958_eIZx_437c087e-a2c6-4b69-b5a5-3856839928ae_AU0g.png. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/