Shares of stock market listed company – Triveni Turbine Limited came into selling mode on Tuesday. The situation became such that during intra-day the stock was close to its 52-week low. On the second trading day of the week, the stock fell by more than 3 percent to Rs 461.55. At the same time, the 52 week low of the share is Rs 455.15. The stock touched this level in April 2025. The share ranged between Rs 481 and Rs 461.55 intra-day. The share went up to Rs 726 in January 2025. This is the 52-week high of the stock.
The company is debt free
Triveni Turbine Limited is a debt free company giving multibagger returns. The shares of this company had given 436% return in five years. At the same time, it had fallen by 27% in the year 2025. After four consecutive years of annual profits, it suffered an annual loss last year. Foreign portfolio investors held 23.6% stake in the firm at the end of December 2025 quarter. Monarch Networth Capital has given a price target of Rs 605 on the stock and gave it an ‘Accumulate’ rating. The brokerage believes Triveni Turbine’s strong balance sheet, cash-generative business model, technology investments and global competitiveness and growing export franchise justify premium valuations. Another brokerage Motilal Oswal is also bullish on the outlook of the stock. The brokerage has advised to buy with a target price of Rs 640. Triveni Turbine Limited specializes in providing steam turbine solutions for industrial captive and renewable power applications.
shareholding pattern
Talking about the shareholding pattern of Triveni Turbine Limited, the promoter’s stake till December quarter was 55.84 percent. At the same time, public shareholding is 44.16 percent. Among public shareholders, SBI Small Cap Fund holds 99,46,774 shares or 3.13 per cent stake. Nippon Life India Trustee Ltd-A/c Nippon India Multi Cap Fund holds 1.34 per cent stake or 42,61,766 shares. ICICI Prudential Energy Opportunities Fund holds 2.78 per cent or 88,23,188 shares.
