Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Triveni Engineering and GMM Pfaudler.

Vinay Rajani expects Nifty to remain bullish, sees 18,735 as next hurdle

Triveni Engineering stock is on the verge to make swing highs. A breakout is confirmed on the daily and weekly charts showing a strong bullish pace.

Stocks to buy or sell today: 10 short-term trading ideas by experts for 21 November 2022

In an interview with ET NOW, Tarun Sawhney, VC & MD, Triveni Engineering & Industries shares his thoughts on whether or not the ethanol price increases are in line with industry expectations. He says as far as the ethanol process is concerned, the government is making great progress and hopes that it will increase the pricing in the near future. The world needs Indian sugar, he says. To know watch the full interview, only on ET NOW!

#ethanol #sugar #engineering 

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Ethanol Price Hike Boost For Sugar Players | Tarun Sawhney,VC&MD, Triveni Engineering & Industries

ICICI Direct is bullish on Triveni Engineering recommended buy rating on the stock with a target price of Rs 380 in its research report dated November 07, 2022.

Buy Triveni Engineering; target of Rs 380: ICICI Direct

Despite being a weak quarter operationally, the expectations of a strong performance in the near term has helped the Triveni Engineering stock.

Why you should hold the stock Triveni Engineering

Triveni Engineering & Industries added 2.84% to Rs 278.55 after the company’s board approved a proposal to buy back up to 2.28 lakh shares of the company at a price of Rs 350 per share.

Triveni gains after board OKs Rs 800-cr buyback; Q2 PBT before EI down 80% YoY

Buzzing stocks: Coal India, BPCL, Paytm, Policybazzaar, IDBI First Bank, Bank of India, Affle, Divi’s Lab, NIIT, RVNL, Dr Reddy’s Lab, ISMT, Kirloskar Ferrous, Triveni Engineering, Mangalore Chem, Alphalogic, Take Solutions, Escorts, Greaves Cotton, Ujjivan SFB, India Cements, TTML

Stocks that will see action on November 7, 2022

Triveni Engineering and Industries consolidated net profit rises 1400.77% in the September 2022 quarter

Its net profit stood at Rs 92.47 crore in the year-ago period

Triveni Engineering Q2 net up to Rs 1,388 cr, board okays Rs 800-cr buyback

Its net profit stood at Rs 92.47 crore in the year-ago period.

Triveni Engineering Q2 profit jumps manifold to Rs 1,388 crore; board okays up to Rs 800 crore share buyback

We have handpicked a few stocks for buying this Diwali and Samvat 2079.

Canara Bank, Triveni Engineering, IDFC And More - Top Stock Picks For Diwali & Samvat 2079: Systematix

Triveni Engineering and Industries Limited is an India-based company that is primarily engaged in diversified businesses, which is categorized into two segments: Sugar & allied businesses and Engineering business. The Sugar & allied business segment primarily comprises manufacture of sugar and distillation of alcohol. The Engineering business segment primarily comprises manufacture of high-speed gears, gearboxes and providing water/waste-water treatment solutions. The Company is a manufacturer of white crystal sugar, which has approximately seven manufacturing plants situated in the states of Uttar Pradesh. It has over two distilleries, which have a total capacity of over 320 kiloliters per day located at Muzaffarnagar, Uttar Pradesh and Sabitgarh, Uttar Pradesh. The manufacturing facility is located at Mysore in Karnataka.

Triveni Engineering and Industries Ltd

Triveni Engineering and Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Vinay Rajani expects Nifty to remain bullish, sees 18,735 as next hurdle

Stocks to buy or sell today: 10 short-term trading ideas by experts for 21 November 2022

News Video

Ethanol Price Hike Boost For Sugar Players | Tarun Sawhney,VC&MD, Triveni Engineering & Industries

Buy Triveni Engineering; target of Rs 380: ICICI Direct

Why you should hold the stock Triveni Engineering

Triveni gains after board OKs Rs 800-cr buyback; Q2 PBT before EI down 80% YoY

Stocks that will see action on November 7, 2022

Triveni Engineering and Industries consolidated net profit rises 1400.77% in the September 2022 quarter

Triveni Engineering and Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Vinay Rajani expects Nifty to remain bullish, sees 18,735 as next hurdle

Stocks to buy or sell today: 10 short-term trading ideas by experts for 21 November 2022

News Video

Ethanol Price Hike Boost For Sugar Players | Tarun Sawhney,VC&MD, Triveni Engineering & Industries

Buy Triveni Engineering; target of Rs 380: ICICI Direct

Why you should hold the stock Triveni Engineering

Triveni gains after board OKs Rs 800-cr buyback; Q2 PBT before EI down 80% YoY

Stocks that will see action on November 7, 2022

Triveni Engineering and Industries consolidated net profit rises 1400.77% in the September 2022 quarter

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock