Techprecision is a manufacturer of fabricated and machined metal structural components and systems. Co. provides a range of services required to change raw materials into precision finished products. Co. sells these finished products to customers in three main industry groups: defense, energy and precision industrial. Co. also provides manufacturing engineering services. Co. does not design the products it manufactures, but rather manufactures according to requirements specified by its customers. Co. has manufactured within such industries include, but are not limited to custom components for ships and submarines, aerospace equipment, components for nuclear power plants and medical systems. The TPCS YTD return is shown above.
The YTD Return on the TPCS YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether TPCS YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TPCS YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|