TRIVENI TURBINE share price has plunged 3% and is presently trading at Rs 763.5.
Meanwhile, the BSE CAPITAL GOODS index is at 71,458.3 (down 0.7%).
Among the top losers in the BSE CAPITAL GOODS index today are SKF India (down 4.8%) and GMR Infra (down 1.8%).
V GUARD IND. (up 8.8%) and AIA Engineering (up 1.2%) are among the top gainers today.
Over the last one year, TRIVENI TURBINE has moved up from Rs 388.8 to Rs 763.5, registering a gain of Rs 374.7 (up 96.4%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 43,332.6 to 71,458.3, registering a gain of 64.9% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 184.8%), HINDUSTAN AERO. (up 138.9%) and Bharat Electronics (up 125.0%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 78,928.3 .
The top losers among the BSE Sensex today are Ultratech Cement (down 2.1%) and MUNDRA PORT & SEZ (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,130.0 . Hero Motocorp and Divis Laboratories are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 78,928.3, registering a gain of 13,526.3 points (up 20.7%).
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 84.1.
Equitymaster requests your view! Post a comment on "TRIVENI TURBINE Plunges 3%; BSE CAPITAL GOODS Index Down 0.7%". 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!