TRIVENI / NSE / Food Processing
Triveni Engineering & Industries Ltd
1Y Price Trend
Key Information
Recommendations
RatingStrong Buy
Target High445
Target Low317.65
Target Mean1.75
Target Median93.75
Risk Metrics
Overall RiskBalanced risk
Board Risk38.99
Key Analysis
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Nifty 50 and Sensex declined on April 23, influenced by global cues and rising crude prices. The Nifty 50 fell by 0.81%, while investors await earnings reports from key companies. Analysts suggest potential buying opportunities in Triveni Engineering and PCBL Chemical amid a cautious market outlook.
Dividend Stocks 2025: Triveni Engineering and Triveni Turbines are among the seven stocks that are set to trade ex dividend today. The record date for these companies had been set as 1 September.
Stocks to buy: Rajesh Palviya has recommended to buy, hold, and accumulate Inox Wind Ltd, Hero MotoCorp Ltd, and Triveni Engineering & Industries Ltd.
Sugar stocks surged on September 16 after the Department of Food and Public Distribution allowed sugar mills to produce Rectified Spirit and Extra Neutral Alcohol using sugarcane juice and B-heavy molasses. Triveni Engineering led the gains, followed by other key sugar stocks.
Stock in focus: Rajesh Palviya has recommended to buy, hold, and accumulate Gujarat Gas Ltd, Triveni Engineering & Industries Ltd, and CanFin Homes Ltd.
Triveni Engineering had made an open offer of ₹ 262.15 per share for acquiring a controlling stake in SSLE in January
The company's revenue from operations in Q2FY24 came in at ₹ 1,671.4 crore, which is 10 percent higher as compared to ₹ 1,471.6 crore reported in the corresponding quarter of the previous fiscal.
Sugar Stocks news: Sugar stocks surge as Uttar Pradesh government expected to increase State Advisory Price for sugarcane. Rising crude oil prices and weakening rupee also contribute to the increase.
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