Buy Triveni Turbine, target price Rs 830: Motilal Oswal

Motilal Oswal has buy call on Triveni Turbine with a target price of Rs 830. The current market price of Triveni Turbine is Rs 738.7.
Triveni Turbine Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 23735.87 Crore) operating in Engineering sector.

Triveni Turbine Ltd. key Products/Revenue Segments include Turbines, Spares And Others, Sale of services, Erection & Other Services, Export Incentives and Scrap for the year ending 31-Mar-2024.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 482.67 Crore, up 1.58 % from last quarter Total Income of Rs 475.16 Crore and up 23.83 % from last year same quarter Total Income of Rs 389.77 Crore. Company reported net profit after tax of Rs 80.40 Crore in latest quarter.