TRIVENI TURBINE share price has plunged 5% and is presently trading at Rs 794.0.
Meanwhile, the BSE CAPITAL GOODS index is at 70,388.3 (up 0.1%).
Among the top losers in the BSE CAPITAL GOODS index today are ABB (down 1.0%) and GRINDWELL NORTON (down 0.7%).
ADANI GREEN ENERGY (up 10.0%) and Lakshmi Machine (up 3.0%) are among the top gainers today.
Over the last one year, TRIVENI TURBINE has moved up from Rs 411.3 to Rs 794.0, registering a gain of Rs 382.7 (up 93.0%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,868.6 to 70,388.3, registering a gain of 44.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 116.0%), Siemens (up 106.8%) and HINDUSTAN AERO. (up 95.6%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 79,550.7 (down 0.9%).
The top losers among the BSE Sensex today are Infosys (down 2.7%) and M&M (down 2.5%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Axis Bank.
In the meantime, NSE Nifty is at 24,072.2 (down 0.8%). Infosys and Tech Mahindra are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,550.7, registering a gain of 13,376.5 points (up 20.2%).
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 80.0.
Equitymaster requests your view! Post a comment on "TRIVENI TURBINE Plunges 5%; BSE CAPITAL GOODS Index Up 0.1%". 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!