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TRIVENI TURBINE Gains 7%; BSE CAPITAL GOODS Index Up 0.2%
Tue, 26 Nov 10:34

TRIVENI TURBINE Gains 7%; BSE CAPITAL GOODS Index Up 0.2%Image source: Sefa Ozel/www.istockphoto.com

TRIVENI TURBINE share price has zoomed 7% and is presently trading at Rs 819.2.

Meanwhile, the BSE CAPITAL GOODS index is at 69,751.9 (up 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 2.7%) and HINDUSTAN AERO. (up 2.0%).

ADANI GREEN ENERGY (down 6.7%) and GRINDWELL NORTON (down 1.2%) are among the top losers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 414.6 to Rs 819.2, registering a gain of Rs 404.6 (up 97.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,793.2 to 69,751.9, registering a gain of 43.0% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 110.2%), HINDUSTAN AERO. (up 107.1%) and Siemens (up 106.0%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,012.8 (down 0.1%).

The top losers among the BSE Sensex today are Ultratech Cement (down 2.3%) and MUNDRA PORT & SEZ (down 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,201.3 (down 0.1%). Ultratech Cement and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.2 to 80,012.8, registering a gain of 13,989.5 points (up 21.2%).

TRIVENI TURBINE Financial Update...

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 82.5.


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