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TRIVENI TURBINE Gains 7%; BSE CAPITAL GOODS Index Up 1.0%
Wed, 3 Jul 15:26

TRIVENI TURBINE Gains 7%; BSE CAPITAL GOODS Index Up 1.0%Image source: phive2015/www.istockphoto.com

TRIVENI TURBINE share price has zoomed 7% and is presently trading at Rs 648.5.

Meanwhile, the BSE CAPITAL GOODS index is at 73,776.9 (up 1.0%).

Among the top gainers in the BSE CAPITAL GOODS index today are BHEL (up 5.2%) and TIMKEN INDIA (up 3.0%).

SKF India (down 0.8%) and SCHAEFFLER INDIA (down 0.7%) are among the top losers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 399.7 to Rs 648.5, registering a gain of Rs 248.9 (up 62.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 40,540.3 to 73,776.9, registering a gain of 82.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 253.9%), HINDUSTAN AERO. (up 189.8%) and Bharat Electronics (up 154.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,010.5 (up 0.7%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.6%) and Kotak Bank (up 2.4%). The most traded stocks in the BSE Sensex are SBI and Tata Steel.

In the meantime, NSE Nifty is at 24,295.6 (up 0.7%). Tata Consumer Products and Kotak Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 80,010.5, registering a gain of 14,805.4 points (up 22.7%).

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 76.5.


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