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 5%; BSE CAPITAL GOODS Index Down 0.1%
Thu, 24 Oct 13:23

TRIVENI TURBINE Plunges 5%; BSE CAPITAL GOODS Index Down 0.1%Image source: StarLineArts/www.istockphoto.com

TRIVENI TURBINE share price has plunged 5% and is presently trading at Rs 709.6.

Meanwhile, the BSE CAPITAL GOODS index is at 67,860.3 (down 0.1%).

Among the top losers in the BSE CAPITAL GOODS index today are SCHAEFFLER INDIA (down 5.5%) and GRINDWELL NORTON (down 3.1%).

BHEL (up 2.5%) and Bharat Electronics (up 1.0%) are among the top gainers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 343.6 to Rs 709.6, registering a gain of Rs 366.0 (up 106.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,119.3 to 67,860.3, registering a gain of 47.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 129.0%), Bharat Electronics (up 104.7%) and Siemens (up 99.2%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 80,064.6 .

The top losers among the BSE Sensex today are Hindustan Unilever (down 6.4%) and Nestle (down 4.2%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,401.9 (down 0.1%). Hindustan Unilever and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,064.6, registering a gain of 15,492.7 points (up 24.0%).

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 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 78.1.


Equitymaster requests your view! Post a comment on "TRIVENI TURBINE Plunges 5%; BSE CAPITAL GOODS Index Down 0.1%". Click here!