Triveni Turbine Ltd Share Price – NSE  /  BSE

Capital Goods - Electrical Equipment, Small Cap

Sawhney graduated with a Master's degree in Mechanical Sciences from Emmanuel College, University of Cambridge, U.K. and an M.B.A. with distinction from the Wharton School, University of Pennsylvania, U.S.A.

Sawhney is chairman of The Triveni Group comprising of Triveni Turbine and Triveni Engineering and Industries.

Meanwhile, the board has also approved the appointment of S.N. Prasad as chief executive officer (CEO) and Sachin Parab as chief operating officer (COO) of the company with effect from 1 April 2024.

S. N. Prasad graduated in Mechanical Engineering from Nagarjuna University in 1991. Besides this, he holds a PG Diploma in Computer Application. He is currently the President and Business Head (Product business) of the Company and he has scaled the same to new heights to help the Company to grow the business sustainably.

Parab graduated in Mechanical Engineering from Walchand College of Engineering in 1991. Besides this, he holds a PG Diploma from Indian Institute of Foreign Trade in 1994. He is currently the president and business head (aftermarket business) and has been associated with the company for more than 7 years.

Triveni Turbine has core competency in the area of industrial steam turbines designing and manufacturing up to 100 MW size. The company is a market leader in industrial steam turbines up to 30 MW in India and also among the leading manufacturers of industrial steam turbines in >5 to 30 MW range globally.

The company’s consolidated net profit jumped 29.7% to Rs 68.19 crore in Q3 FY24 as compared with Rs 52.57 crore in Q3 FY23. Net sales increased 32.5% YoY to Rs 431.70 crore in Q3 FY24.

The counter declined 1.51% to ends at Rs 536.95 on Thursday, 28 March 2024.

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The Board of Triveni Turbine at its meeting held on 30 March 2024 has approved the appointment of S.N. Prasad as Chief Executive Officer (CEO) and (ii) Sachin Parab as Chief Operating Officer (COO), of the Company with effect from 01 April 2024.

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The Board of Triveni Turbine at its meeting held on 30 March 2024 has approved the appointment of Sonu Halm, Bhasin (DIN: 02872234) and Amrita Gangotra (DIN: 08333492) as Additional Directors with effect from 01 April 2024.

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One 97 Communications Ltd, Suven Pharmaceuticals Ltd, Blue Dart Express Ltd, Prince Pipes & Fittings Ltd are among the other stocks to see a surge in volumes on NSE today, 06 February 2024.

Triveni Turbine Ltd saw volume of 131.18 lakh shares by 14:14 IST on NSE, a 21.58 fold spurt over two-week average daily volume of 6.08 lakh shares. The stock increased 19.07% to Rs.421.50. Volumes stood at 8.5 lakh shares in the last session.

One 97 Communications Ltd recorded volume of 604.61 lakh shares by 14:14 IST on NSE, a 14.45 times surge over two-week average daily volume of 41.85 lakh shares. The stock gained 4.07% to Rs.456.35. Volumes stood at 73.86 lakh shares in the last session.

Suven Pharmaceuticals Ltd registered volume of 18.08 lakh shares by 14:14 IST on NSE, a 12.21 fold spurt over two-week average daily volume of 1.48 lakh shares. The stock slipped 6.71% to Rs.609.30. Volumes stood at 1.79 lakh shares in the last session.

Blue Dart Express Ltd witnessed volume of 1.15 lakh shares by 14:14 IST on NSE, a 8.68 times surge over two-week average daily volume of 13199 shares. The stock dropped 2.00% to Rs.6,212.50. Volumes stood at 9556 shares in the last session.

Prince Pipes & Fittings Ltd saw volume of 7.46 lakh shares by 14:14 IST on NSE, a 6.34 fold spurt over two-week average daily volume of 1.18 lakh shares. The stock dropped 6.52% to Rs.676.70. Volumes stood at 2.43 lakh shares in the last session.

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