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TRIVENI TURBINE Plunges 5%; BSE CAPITAL GOODS Index Down 1.1%
Thu, 19 Dec 15:39

TRIVENI TURBINE Plunges 5%; BSE CAPITAL GOODS Index Down 1.1%Image source: ipopba/www.istockphoto.com

TRIVENI TURBINE share price has plunged 5% and is presently trading at Rs 780.0.

Meanwhile, the BSE CAPITAL GOODS index is at 70,695.5 (down 1.1%).

Among the top losers in the BSE CAPITAL GOODS index today are ABB (down 4.1%) and ADANI GREEN ENERGY (down 2.8%).

Honeywell Automation (up 2.8%) and Lakshmi Machine (up 1.7%) are among the top gainers today.

Over the last one year, TRIVENI TURBINE has moved up from Rs 406.5 to Rs 780.0, registering a gain of Rs 373.5 (up 91.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 54,899.3 to 70,695.5, registering a gain of 28.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Siemens (up 84.4%), Bharat Electronics (up 72.8%) and HINDUSTAN AERO. (up 56.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,218.1 (down 1.2%).

The top losers among the BSE Sensex today are JSW Steel (down 2.4%) and Bajaj Finserv (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,962.0 (down 1.0%). Bajaj Finserv and JSW Steel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 71,315.1 to 79,218.1, registering a gain of 7,903.0 points (up 11.1%).

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 78.6.


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