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TRIVENI TURBINE Gains 6%; BSE CAPITAL GOODS Index Down 0.3%
Thu, 8 Aug 9:40

TRIVENI TURBINE Gains 6%; BSE CAPITAL GOODS Index Down 0.3%Image source: Ivcandy/www.istockphoto.com

TRIVENI TURBINE share price has zoomed 6% and is presently trading at Rs 670.9.

Meanwhile, the BSE CAPITAL GOODS index is at 71,985.2 (down 0.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are AIA Engineering (up 2.7%) and Thermax (up 2.0%).

Siemens (down 1.9%) and Carborundum Universal (down 1.6%) are among the top losers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 394.5 to Rs 670.9, registering a gain of Rs 276.4 (up 70.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,182.8 to 71,985.2, registering a gain of 66.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 212.6%), HINDUSTAN AERO. (up 152.7%) and Bharat Electronics (up 133.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,287.6 (down 0.2%).

The top losers among the BSE Sensex today are Infosys (down 1.5%) and JSW Steel (down 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,235.2 (down 0.3%). Infosys and JSW Steel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,287.6, registering a gain of 13,334.1 points (up 20.2%).

TRIVENI TURBINE Financial Update...

TRIVENI TURBINE net profit grew 31.8% YoY to Rs 804 million for the quarter ended June 2024, compared to a profit of Rs 610 million a year ago. Net sales rose 23.1% to Rs 4,633 million during the period as against Rs 3,764 million in April-June 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 73.9.


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