Triveni Turbine Ltd.

#TRITURBINE SHOWING STRENGTH, JACKPOT CANDIDATE
TARGET - 720
ENTRY - 580
STOP LOSS - 550
TIME FRAME - MONTHLY
TECHNICALS - BULLISH

Ahead of the quarterly earnings for the December 2024 period, brokerage Motilal Oswal is bullish on the stock with a price target of Rs 830. "Despite weakness in domestic markets, Triveni Turbine posted healthy growth in revenue, profitability and order inflows in FY24

Triveni Turbine is forecast to grow earnings and revenue by 19% and 18.9% per annum respectively. EPS is expected to grow by 20.4% per annum. Return on equity is forecast to be 27.3% in 3 years.


THIS IS NOT ANY FINANCIAL ADVISE