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TRIVENI TURBINE Gains 3%; BSE CAPITAL GOODS Index Up 0.8%
Tue, 25 Jun 9:34

TRIVENI TURBINE Gains 3%; BSE CAPITAL GOODS Index Up 0.8%Image source: Eoneren/www.istockphoto.com

TRIVENI TURBINE share price has zoomed 3% and is presently trading at Rs 600.6.

Meanwhile, the BSE CAPITAL GOODS index is at 73,075.1 (up 0.8%).

Among the top gainers in the BSE CAPITAL GOODS index today are TIMKEN INDIA (up 3.6%) and V GUARD IND. (up 2.7%).

ADANI GREEN ENERGY (down 0.4%) and GRINDWELL NORTON (down 0.3%) are among the top losers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 407.1 to Rs 600.6, registering a gain of Rs 193.5 (up 47.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,945.7 to 73,075.1, registering a gain of 82.9% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 241.1%), HINDUSTAN AERO. (up 183.8%) and Bharat Electronics (up 156.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 77,489.1 (up 0.2%).

The top gainers among the BSE Sensex today are HDFC Bank (up 1.0%) and Ultratech Cement (up 0.9%). The most traded stocks in the BSE Sensex are ICICI Bank and HDFC Bank.

In the meantime, NSE Nifty is at 23,578.6 (up 0.2%). HDFC Bank and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,489.1, registering a gain of 13,965.9 points (up 22.0%).

TRIVENI TURBINE Financial Update...

TRIVENI TURBINE net profit grew 36.0% YoY to Rs 757 million for the quarter ended March 2024, compared to a profit of Rs 556 million a year ago. Net sales rose 23.9% to Rs 4,581 million during the period as against Rs 3,698 million in January-March 2023.

For the year ended March 2023, TRIVENI TURBINE reported 28.6% decrease in net profit to Rs 1,929 million compared to net profit of Rs 2,702 million during FY22. Revenue of the company grew 46.4% to Rs 12,476 million during FY23.

The current Price to earnings ratio of TRIVENI TURBINE, based on rolling 12 month earnings, stands at 70.9.


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