TRIVENI TURBINE share price has zoomed 6% and is presently trading at Rs 716.5.
Meanwhile, the BSE CAPITAL GOODS index is at 72,956.9 (up 0.5%).
Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 2.0%) and Carborundum Universal (up 1.5%).
Lakshmi Machine (down 2.5%) and AIA Engineering (down 2.2%) are among the top losers today.
Over the last one year, TRIVENI TURBINE has moved up from Rs 397.8 to Rs 716.5, registering a gain of Rs 318.7 (up 80.1%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 43,553.3 to 72,956.9, registering a gain of 67.5% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 196.7%), HINDUSTAN AERO. (up 148.0%) and Bharat Electronics (up 129.0%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 79,622.2 .
The top losers among the BSE Sensex today are HDFC Bank (down 2.3%) and Asian Paints (down 0.6%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.
In the meantime, NSE Nifty is at 24,330.5 (down 0.1%). HDFC Bank and Divis Laboratories are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,995.8 to 79,622.2, registering a gain of 13,626.4 points (up 20.6%).
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 78.9.
Equitymaster requests your view! Post a comment on "TRIVENI TURBINE Gains 6%; BSE CAPITAL GOODS Index Up 0.5%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!