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Triveni Engineering surges on reporting 118% jump in Q4 consolidated net profit

22 Nov 2012 Evaluate

Triveni Engineering & Industries is currently trading at Rs. 21.40, up by 0.15 points or 0.71% from its previous closing of Rs. 21.25 on the BSE.

The scrip opened at Rs. 22.40 and has touched a high and low of Rs. 23.90 and Rs. 21.35 respectively. So far 91184 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 24.85 on 09-Oct-2012 and a 52 week low of Rs. 12.60 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 23.90 and Rs. 19.65 respectively. The current market cap of the company is Rs. 563.47 crore.

The promoters holding in the company stood at 68.23% while Institutions and Non-Institutions held 14.37% and 17.40% respectively.

Triveni Engineering & Industries has reported results for fourth quarter ended September 30, 2012.

The company, on consolidated basis, has registered a jump of 117.65% in its net profit at Rs 31.82 crore as compared to Rs 14.62 crore in the corresponding month previous year. The total income of the company has also increased by 25.25% to Rs 477.17 crore for the quarter under review as compared to Rs 380.96 crore in the same month last year.

Triveni Engineering & Industries is engaged in the business of manufacturing sugar, steam turbines and projects and engineering activities.

Triveni Engg. & Inds Share Price

419.45 7.00 (1.70%)
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