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TRIVENI TURBINE Gains 4%; BSE CAPITAL GOODS Index Up 1.4%
Fri, 9 Aug 9:20

TRIVENI TURBINE Gains 4%; BSE CAPITAL GOODS Index Up 1.4%Image source: Sefa Ozel/www.istockphoto.com

TRIVENI TURBINE share price has zoomed 4% and is presently trading at Rs 719.8.

Meanwhile, the BSE CAPITAL GOODS index is at 72,573.0 (up 1.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are ABB (up 3.2%) and HINDUSTAN AERO. (up 2.0%).

SCHAEFFLER INDIA (down 1.3%) and Lakshmi Machine (down 1.0%) are among the top losers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 394.5 to Rs 719.8, registering a gain of Rs 325.3 (up 82.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,182.8 to 72,573.0, registering a gain of 68.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 212.8%), HINDUSTAN AERO. (up 153.7%) and Bharat Electronics (up 135.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,984.2 (up 1.4%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 2.2%) and M&M (up 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,386.9 (up 1.1%). Eicher Motor and ONGC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,984.2, registering a gain of 14,030.8 points (up 21.3%).

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 79.2.


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