Geojit has accumulate call on Triveni Turbine with a target price of Rs 220. The current market price of is Rs 200.35. Time period given by analyst is one year when . price can reach defined target.
Triveni Turbine Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6470.96 Crore) operating in Engineering sector.
Triveni Turbine Ltd. key Products/Revenue Segments include Turbines, Spares And Others, Sale of services, Export Incentives, Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 266.49 Crore, up 9.07 % from last quarter Total Income of Rs 244.32 Crore and up 40.55 % from last year same quarter Total Income of Rs 189.61 Crore. Company reported net profit after tax of Rs 38.33 Crore in latest quarter.
Investment Rationale
TTL’s entry into the API segment and turbines of more than 30MW with increasing export orders would aid the profitability going forward.
Triveni Turbine Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 6470.96 Crore) operating in Engineering sector.
Triveni Turbine Ltd. key Products/Revenue Segments include Turbines, Spares And Others, Sale of services, Export Incentives, Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 266.49 Crore, up 9.07 % from last quarter Total Income of Rs 244.32 Crore and up 40.55 % from last year same quarter Total Income of Rs 189.61 Crore. Company reported net profit after tax of Rs 38.33 Crore in latest quarter.
Investment Rationale
TTL’s entry into the API segment and turbines of more than 30MW with increasing export orders would aid the profitability going forward.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Experience Your Economic Times Newspaper, The Digital Way!
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by