Triveni Turbine hits new high, up 16% amid heavy volumes on healthy outlook

Quick Summary:

Till 01:10 pm; a combined 27.04 million shares representing 8.5 per cent of total equity of Triveni Turbine changed hands on the NSE and BSE.

The brokerage firm expects the increasing share of the export order book, which has a superior margin profile would aid profitability in the coming quarters.

The order book grew by 22 per cent  YoY at Rs 1,796 crore, supported by 33 per cent YoY growth in order inflows in H1FY25.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Triveni Turbine shares Steam turbines Spare parts Markets Industrial Power Generation segment Capex Q2 API Renewables Aftermarket business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 13:26:39 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 648 words

Reading Time: 4 minutes read

Sentences: 27 lines

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Copyright Owner: © Business Standard

News ID: 23881792

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