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Buy Triveni Engineering & Industries For Target Rs 305 - Centrum Broking Ltd TRE posted subdued 1QFY24 performance which were in line with our expectations. The company's revenue experienced a YoY decline of 2%, reaching Rs12.0bn, slightly above CentrumE's Rs11.8bn. However, the GMs outperformed our estimates, standing at 29%, a significant YoY increase of 460bps compared to our projected 24.4%. Nevertheless, the EBITDA margin came in at 10.4%, exceeding our projected 8.9% and showcasing an improvement from 1QFY23's 9.3%. TRE's reported PAT of Rs676mn,...
Buy Triveni Engineering & Industries For Target Rs 305 - Centrum Broking Ltd
Buy Triveni Engineering & Industries For Target Rs 305 - Centrum Broking Ltd
Source: Centrum Broking Ltd
27/07/2023 2:41:06 PM
Key Stock News: Blume Ventures, Triveni Engineering, Princeton Digital Group, NHPC, Vodafone Idea, Byju`s - ARETE Securities Blume Ventures announces closing its fund for start-ups at $250 mn Blume Ventures, the homegrown venture capital firm focused on early-stage technology start-ups, said on Wednesday it has closed its Fund IV at more than $250 million. The company’s assets under management (AUM) stand at over $600 million. The fund, which was oversubscribed compared to its initial $200 million target, will invest in some 35 companies in edtech, fintech, health, commerce, and consumer internet. It i...
Key Stock News: Blume Ventures, Triveni Engineering, Princeton Digital Group, NHPC, Vodafone Idea, Byju`s - ARETE Securities
Key Stock News: Blume Ventures, Triveni Engineering, Princeton Digital Group, NHPC, Vodafone Idea, Byju`s - ARETE Securities
Source: ARETE Securities Ltd
8/12/2022 9:38:21 AM
Buy Triveni Engineering Ltd For Target Rs.380 - ICICI Direct Best play in sugar industry… About the stock: Triveni Engineering (TEL) is one of the largest sugar companies in India with sugar crushing capacity of 60,000 TCD, distillery capacity of 660 KLD & co-generation power of 104.5 MW. It also has power transmission & waste water management business contributing 10% to revenues. * The company is increasing its distillery capacity from current 21 crore litre per annum to 31 crore litre per annum by FY25 to utilise B-heavy, grain ...
Buy Triveni Engineering Ltd For Target Rs.380 - ICICI Direct
Buy Triveni Engineering Ltd For Target Rs.380 - ICICI Direct
Source: ICICI Direct Ltd
12/11/2022 12:45:26 PM
Key Stock News: Mahindra Lifespace Developers , Triveni Engineering, Bank of Baroda, SBI, Punjab & Sind Bank - ARETE Securities Mahindra Lifespace Developers' sale bookings grow 32% to Rs 399 crore in Q2 Realty firm Mahindra Lifespace Developers' sale bookings rose 32 per cent to Rs 399 crore during September quarter 2022-23 on better housing demand. Its sale bookings stood at Rs 303 crore in the year-ago period, according to an investors' presentation. Mahindra Lifespace, a part of business conglomerate Mahindra Group, reported an over two-fold jump in sale bookings at Rs 1,001 crore for AprilSeptember...
Key Stock News: Mahindra Lifespace Developers , Triveni Engineering, Bank of Baroda, SBI, Punjab & Sind Bank - ARETE Securities
Key Stock News: Mahindra Lifespace Developers , Triveni Engineering, Bank of Baroda, SBI, Punjab & Sind Bank - ARETE Securities
Source: ARETE Securities Ltd
7/11/2022 9:37:29 AM
Triveni Engineering trade with traction on the bourses Triveni Engineering & Industries is currently trading at Rs. 284.55, up by 8.10 points or 2.93% from its previous closing of Rs. 276.45 on the BSE. The scrip opened at Rs. 272.95 and has touched a high and low of Rs. 286.50 and Rs. 272.45 respectively. So far 159444 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 374.00 on 19-Apr-2022 and a 52 week low of Rs. 181.25 on 25-Oct-2021. Last one week high and low...
Triveni Engineering trade with traction on the bourses
Triveni Engineering trade with traction on the bourses
Source: Accord Fintech
13/10/2022 2:49:15 PM
LKP Spade A Weekly Pick : Buy Triveni Engineering & Industries For Target Rs 289 - LKP Securities * The stock from the past 3 months was trading in a broad range between 240-260 levels. * The stock gave a breakout with a sharp surge is volumes from its resistance level of 260 confirming the breakout on the daily chart. * The momentum oscillators are in the strong buying zone which confirms the strength in the breakout. Buy Triveni Engineering & Industries Ltd  @ Rs. 260 Stop Loss Below Rs. 247 CB Target Rs. 274/289  Duration 1 Week ...
LKP Spade A Weekly Pick : Buy Triveni Engineering & Industries For Target Rs 289 - LKP Securities
LKP Spade A Weekly Pick : Buy Triveni Engineering & Industries For Target Rs 289 - LKP Securities
Source: LKP Securities Ltd
19/09/2022 12:39:49 PM
Buy Triveni Engineering Ltd For Target Rs.350 - ICICI Direct High sugar prices; distillery volumes boost profits… About the stock: Triveni Engineering (TEL) is one of the largest sugar companies in India with sugar crushing capacity of 60,000 TCD, distillery capacity of 320 KLD & co-generation power of 100 MW. It also has power transmission & waste water management business contributing 10% to revenues The company is increasing its distillery capacity from current 11 crore litre per annum to 22 crore litre per annum by FY24 to util...
Buy Triveni Engineering Ltd For Target Rs.350 - ICICI Direct
Buy Triveni Engineering Ltd For Target Rs.350 - ICICI Direct
Source: ICICI Direct
2/04/2022 11:24:28 AM
Buy Triveni Engineering Ltd For Target Rs.270 - ICICI Direct High sugar prices; distillery volumes boost profits… About the stock: Triveni Engineering (TEL) is one of the largest sugar companies in India with sugar crushing capacity of 60,000 TCD, distillery capacity of 320 KLD & co-generation power of 100 MW. It also has power transmission & waste water management business contributing 10% to revenues. * The company is increasing its distillery capacity from current 11 crore litre per annum to 22 crore litre per annum by FY24 to u...
Buy Triveni Engineering Ltd For Target Rs.270 - ICICI Direct
Buy Triveni Engineering Ltd For Target Rs.270 - ICICI Direct
Source: ICICI Direct
30/11/2021 10:20:30 AM
Weekly Tech Picks - United Spirits Ltd, NTPC Ltd, Triveni Engineering & Industries Ltd, Tata Motors Ltd By Axis Securities United Spirits Limited * On the daily chart, the stock has witnessed a “Flag” continuation breakout around 840 levels indicating resumption of earlier up move * The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish sentiments * Rising volumes at breakout zone signals increased participation * The stock is in up trend forming a series of higher tops and bottoms * The daily and weekly strength indicator RSI is in...
Weekly Tech Picks - United Spirits Ltd, NTPC Ltd, Triveni Engineering & Industries Ltd, Tata Motors Ltd By Axis Securities
Weekly Tech Picks - United Spirits Ltd, NTPC Ltd, Triveni Engineering & Industries Ltd, Tata Motors Ltd By Axis Securities
Source: Axis Securities Ltd
3/10/2021 9:39:53 AM
Stock Picks - Buy Triveni Engineering Ltd For Target Rs. 207 - ICICI Direct Technical Observations * The sugar stocks are in structural up trend forming higher peak and higher trough in all time frame. They are seen rebounding after one month of breather. * The share price of Triveni Engineering has registered a breakout above a falling channel containing last one months corrective decline thus offers fresh entry opportunity * We expect the stock to continue with its positive momentum and head towards its recent high of | 209 in the coming weeks. * S...
Stock Picks - Buy Triveni Engineering Ltd For Target Rs. 207 - ICICI Direct
Stock Picks - Buy Triveni Engineering Ltd For Target Rs. 207 - ICICI Direct
Source: ICICI Direct
30/07/2021 11:16:50 AM
Buy Triveni Engineering Ltd For Target Rs. 270 - ICICI Direct Well placed to benefit from distillery volumes Triveni Engineering (TEL) reported Q4FY21 results with 20.5% revenue degrowth. The decline was mainly due to a dip in sugar volumes impacted by lower domestic quota & delay in exports. Sugar segment revenue declined 27.6% with similar decline in sugar sales volumes. The company sold 2.74 lakh tonnes (lt) of sugar at realisation of | 32.3/kg and is holding 4.7 lt of sugar at an average price of | 30/kg. However, distillery revenue increased...
Buy Triveni Engineering Ltd For Target Rs. 270 - ICICI Direct
Buy Triveni Engineering Ltd For Target Rs. 270 - ICICI Direct
Source: ICICI Direct
10/07/2021 11:40:43 AM
Stock Pick - Buy Triveni Engineering & Industries Ltd For Target Rs. 104,123 - HDFC Securities Stock Pick - Buy Triveni Engineering & Industries Ltd For Target Rs. 104,123 - HDFC Securities  Observations: * Bullish inverted head and shoulder pattern on the weekly charts * Multiple top resistance of 84 is surpassed on closing basis * Volumes during the breakout remained significantly higher as compared to previous weeks * Primary trend of the stock has been bullish with higher tops and higher bottoms on daily and weekly carts * Stock is placed above all i...
Stock Pick - Buy Triveni Engineering & Industries Ltd For Target Rs. 104,123 - HDFC Securities
Stock Pick - Buy Triveni Engineering & Industries Ltd For Target Rs. 104,123 - HDFC Securities
Source: HDFC Securities
3/03/2021 11:38:19 AM
Buy Triveni Engineering Ltd For Target Rs. 100 - ICICI Direct Capacity expansion in distillery for sustainable growth Triveni Engineering (TEL) reported strong Q3FY21 results with sustained domestic sugar & distillery volumes & robust growth in operating profits. Consolidated revenue increased 5% to | 1123.1 crore led by 6.8% growth in sugar segment & 7.2% growth is distillery segment. Sugar volume increased by 6.7% to 2.71 lakh tonnes mainly on account of higher domestic sale quota. The company also exported 14244 tonnes of sugar pending...
Buy Triveni Engineering Ltd For Target Rs. 100 - ICICI Direct
Buy Triveni Engineering Ltd For Target Rs. 100 - ICICI Direct
Source: ICICI Direct
23/02/2021 11:01:29 AM