Geojit recommended accumulate rating on Triveni Turbine with a target price of Rs 430 in its research report dated August 16, 2023.

Accumulate Triveni Turbine; target of Rs 430: Geojit

Triveni Turbine reports 59.3% growth in Q1 FY24 net profit to ₹61 crore; revenue up 45.3% y-o-y. The firm’s order book stood at ₹453 crore, carry forward order book at ₹1,405 crore. Investments, including cash, increased 11.3% from March 31, 2023. Company expanding international presence and afterma…

Triveni Turbine net profit up 59% in Q1 FY24

Net Sales are expected to increase by 40 percent Y-o-Y (down 1.9 percent Q-o-Q) to Rs. 362.6 crore, according to Nirmal Bang.

Triveni Turbine Q1 PAT seen up 56% YoY to Rs. 59.6 cr: Nirmal Bang

CRISIL’s stock has broken a key resistance level at ₹3,780, indicating a bullish trend. With the stock currently trading at ₹3,905, there is a possibility of a minor dip before the next upswing. The medium-term target for the stock is ₹4,200. Consider initiating long positions and adjust stop-loss l…

Technical Analysis: CRISIL, Metropolis Healthcare and Triveni Turbine

Triveni Turbine., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 12724.61 Crore) operating in Engineering sector.

Buy Triveni Turbine, target price Rs 435: Sharekhan by BNP Paribas

Prabhudas Lilladher recommended accumulate rating on Triveni Turbine with a target price of Rs 416 in its research report dated May 17, 2023.

Accumulate Triveni Turbine; target of Rs 416: Prabhudas Lilladher

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The company has logged its highest ever revenue for FY23 at Rs 12.48 billion, up 46 percent YoY and also achieved its highest ever EBITDA for the year at Rs 2.76 billion, up 44 percent YoY. Triveni Turbines clocked its highest ever annual order booking of Rs 16.05 billion during FY23.

Triveni Turbine clocks highest ever sales, EBITDA and order booking in FY23, stock jumps 6%

Triveni Turbine had clocked Rs 33.0 crore net profit during January-March quarter of preceding financial year 2021-22.

Triveni Turbine Q4 net profit grows 68% to Rs 55.6 crore | The Financial Express

Triveni Turbine Ltd (TTL) on Tuesday posted a 68.5 per cent jump in its consolidated net profit at Rs 55.6 crore during March 2023 quarter, boosted by higher revenues.

Triveni Turbine net profit grows 68% to Rs 55.6 cr	in March quarter

ICRA upgraded the long-term rating of the bank facilities of TTL on expectation of improvement in revenues, operating profits, and robust debt coverage metrics in FY2023-FY2024

Triveni Turbine surges 4%, nears record high on healthy business outlook

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Triveni Turbine limited is a holding company, engaged in the manufacturing of steam turbines and parts thereof.