Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

TRIVENI TURBINE Plunges 3%; BSE CAPITAL GOODS Index Down 0.7%
Wed, 14 Aug 9:37

TRIVENI TURBINE Plunges 3%; BSE CAPITAL GOODS Index Down 0.7%Image source: ThinkNeo/www.istockphoto.com

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

What About the Benchmark Indices?

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 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 84.1.


Equitymaster requests your view! Post a comment on "TRIVENI TURBINE Plunges 3%; BSE CAPITAL GOODS Index Down 0.7%". Click here!