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%).
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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 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.
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