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TRIVENI TURBINE Gains 6%; BSE CAPITAL GOODS Index Up 0.4%
Tue, 19 Nov 15:44

TRIVENI TURBINE Gains 6%; BSE CAPITAL GOODS Index Up 0.4%Image source: DNY59/www.istockphoto.com

TRIVENI TURBINE share price has zoomed 6% and is presently trading at Rs 687.1.

Meanwhile, the BSE CAPITAL GOODS index is at 66,327.9 (up 0.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 7.7%) and SKF India (up 5.3%).

Thermax (down 5.4%) and ADANI GREEN ENERGY (down 3.1%) are among the top losers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 403.0 to Rs 687.1, registering a gain of Rs 284.1 (up 70.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,474.9 to 66,327.9, registering a gain of 36.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 94.0%), HINDUSTAN AERO. (up 93.8%) and Siemens (up 89.7%).

Revealed: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 77,578.4 (up 0.3%).

The top gainers among the BSE Sensex today are M&M (up 3.1%) and Tech Mahindra (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,518.5 (up 0.3%). M&M and Tech Mahindra are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,675.9 to 77,578.4, registering a gain of 11,902.5 points (up 18.1%).

TRIVENI TURBINE Financial Update...

TRIVENI TURBINE net profit grew 41.7% YoY to Rs 910 million for the quarter ended September 2024, compared to a profit of Rs 642 million a year ago. Net sales rose 29.2% to Rs 5,011 million during the period as against Rs 3,878 million in July-September 2023.

For the year ended March 2024, TRIVENI TURBINE reported 39.7% increase in net profit to Rs 2,695 million compared to net profit of Rs 1,929 million during FY23. Revenue of the company grew 32.6% to Rs 16,539 million during FY24.

The current Price to earnings ratio of TRIVENI TURBINE, based on rolling 12 month earnings, stands at 69.2.


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