Triveni Turbine Ltd Share: Triveni Turbine Limited has given the highest returns in Nifty 500 index. Shares of the company today reached the level of Rs 838 in BSE with a rise of more than 19 percent. This is also the 52 week high of the company. At the time of market closing on Tuesday, the company's shares had reached the level of Rs 787.35 with a rise of 12.41 percent.
Share prices of Triveni Turbine have seen a rise for 6 consecutive trading sessions. During this period, the price of the company's shares has increased by more than 35 percent. This recent rise seen in Triveni Turbine shares is due to better performance in the June quarter. The company's gross margin has increased due to 6 percent fall in input costs.
If there is an IPO then so! Investors got good returns, experts bullish
The company made a profit of Rs 40 crore
The company's income during the June quarter was Rs 482.67 crore. This time the company's revenue has increased by 23.83 percent compared to last year. Then the revenue of Triveni Turbine Ltd was Rs 389.77 crore. Let us tell you, the total profit of Triveni Turbine in the June quarter was Rs 80.40 crore.
According to the results released by the company, the booking order stood at Rs 636 crore, an increase of 40 percent compared to last year. Out of which the export order has been Rs 420 crore. It has increased by 74 percent on annual basis.
26 percent increase in 1 month
The price of the company's shares has increased by 90 percent in 2024. At the same time, in the last one month, the company's share prices have seen an increase of 24 percent.
