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TRIVENI TURBINE Gains 6%; BSE CAPITAL GOODS Index Up 0.5%
Tue, 13 Aug 9:22

TRIVENI TURBINE Gains 6%; BSE CAPITAL GOODS Index Up 0.5%Image source: Ivcandy/www.istockphoto.com

TRIVENI TURBINE share price has zoomed 6% and is presently trading at Rs 716.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,956.9 (up 0.5%).

Among the top gainers in the BSE CAPITAL GOODS index today are ADANI GREEN ENERGY (up 2.0%) and Carborundum Universal (up 1.5%).

Lakshmi Machine (down 2.5%) and AIA Engineering (down 2.2%) are among the top losers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 397.8 to Rs 716.5, registering a gain of Rs 318.7 (up 80.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,553.3 to 72,956.9, registering a gain of 67.5% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 196.7%), HINDUSTAN AERO. (up 148.0%) and Bharat Electronics (up 129.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,622.2 .

The top losers among the BSE Sensex today are HDFC Bank (down 2.3%) and Asian Paints (down 0.6%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 24,330.5 (down 0.1%). HDFC Bank and Divis Laboratories are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,995.8 to 79,622.2, registering a gain of 13,626.4 points (up 20.6%).

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 78.9.


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