Triveni Turbine

Feb 3 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• DEC-QUARTER CONSOL NET PROFIT 921 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.24 BILLION RUPEES

Further company coverage: TRVT.NS

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** Shares of Triveni Turbine TRVT.NS fall 7% to 549.15 rupees

** Industrial steam turbines maker's Q1 consol profit drops nearly 19% Y/Y; consol revenue fell about 20% Y/Y

** YTD, TRVT down about 26%

(Reporting by Vijay Malkar)

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** Shares of Triveni Turbine Ltd TRVT.NS rise as much as 12.3% to 578.8 rupees
** Steam turbine maker reported a 23.6% y/y rise in Q4 consol net profit at 939 mln rupees ($11.10 mln); rev grew 17.4% y/y
** Adds, export sales increased 27% to 2.8 bln rupees and export as pct of sales at 52% in Q4
** More than 7.7 mln shares traded as of 12:41 p.m. IST, 5.4x their 30-day moving avg; busiest day yet since March 18
** Mean rating of stock is 'buy'; their median PT is 760.5 rupees - data compiled by LSEG
** TRVT last up 9%, cutting YTD losses to 30.4%

($1 = 84.6240 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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Jan 31 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• DIVIDEND 2 RUPEES PER SHARE

• DEC-QUARTER CONSOL NET PROFIT 924 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.03 BILLION RUPEES

Source text: ID:nNSE6wNsZW

Further company coverage: TRVT.NS

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Jan 29 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• GETS ORDER VALUED AT 2.9 BILLION RUPEES

Source text: [ID:]

Further company coverage: TRVT.NS

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** Shares of Triveni Turbine TRVT.NS rise about 6% to 661.95 rupees, set for best day in a month

** Industrial steam turbine maker reports a 41.6% rise in Sept-qtr consol net profit at 909 million rupees ($10.8 million)while rev from ops rose 29%

** TRVT set to snap three-day losing streak

** Busiest session since mid Aug; more than 14.7 mln shares change hands, about 13 times the 30-day avg

** Avg rating of seven analysts covering TRVT at "buy" vs "hold" for peers Thermax THMX.NS and ABB India ABB.NS

** TRVT's median PT is at 730 rupees - LSEG data

** Stock up ~57% so far this year, set for fourth straight year of gains

** YTD, THMX and ABB up ~72% and ~52%, respectively

($1 = 84.4000 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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Nov 11 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• TRIVENI TURBINE LTD SEPT-QUARTER CONSOL NET PROFIT 909 MILLION RUPEES

• TRIVENI TURBINE LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.01 BILLION RUPEES

Source text: ID:nBSEV8HBb

Further company coverage: TRVT.NS

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** Shares of Triveni Turbine TRVT.NS rise as much as 6.9% to 636.9 rupees, logs biggest intraday pct gain since July 3

** TRVT on Monday posted 31.7% climb in consolidated net profit at 800.3 million rupees ($9.5 million) in the June-quarter

** Co said order booking in the quarter grew 40% year-on-year to 6.63 billion rupees

** More than 1.3 mln shares change hands, TRVT set for busiest trading session since July 3

** Stock last up 3.3%, taking YTD gains to 45.4%

($1 = 83.8590 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru)

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** Shares of Triveni Turbine TRVT.NS up 6.2% to a record 642.4 rupees

** Stock on track for best day since April 1

** Steam turbine maker's Q4 profit rose ~37% Y/Y

** Rival Bharat Heavy Electricals BHEL.NS yet to report

** TRVT rated "strong buy" on avg, BHEL rated "sell" - LSEG data

** YTD, TRVT up ~54% and BHEL up ~52%

(Reporting by Varun Vyas in Bengaluru)

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** Indian capital goods firms to report strong Q4 earnings on healthy order inflows and execution, says Prabhudas Lilladher

** Brokerage notes strength in domestic, key export markets like Middle East, Africa; says European market outlook, Chinese competition key monitorables

** Expects energy and services businesses to lead Q4 rev jump for Larsen & Toubro (L&T) LART.NS; Siemens' SIEM.NS rev growth to be aided by mobility and smart infra segments

** However, it flags Cummins India's exports CUMM.NS to be muted on softness in China, Europe, and lower core profit margin for Bharat Electronics BAJE.NS on higher input costs

** LART, Triveni Turbine TRVT.NS, Praj Industries PRAJ.NS, Grindwell Norton GRNN.NS and Carborundum Universal CRBR.NS brokerage's top picks among twenty firms in coverage

** GRNN flat, CUMM and BAJE up 1.8% and 2.2% respectively, while LART, TRVT, SIEM, PRAJ and CRBR down between 0.2%-2%

(Reporting by Hritam Mukherjee in Bengaluru)

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March 26 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• GOT ORDER SEEKING TAX, INTEREST AMOUNTING TO 59 MILLION RUPEES

Source text for Eikon: ID:nBSE5jQbt2

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** Shares of Triveni Turbine TRVT.NS rise as much as 17.8% to 417 rupees, their sharpest intraday pct gain since Apr. 29, 2020

** Industrial steam turbine manufacturer on Monday reported 29.7% Y/Y rise in Q3 consolidated net profit on 32.5% increase in rev from ops

** Co declared a special dividend of 1 rupee/share and an interim dividend of 1.30 rupees/share

** Stock witnessing its most active trading session since Feb. 28, with more than 10.7 mln shares changing hands by 12:33 p.m. IST, 25.4x the 30-day avg

** Avg rating of six analysts equivalent of "buy," median PT is 455.50 rupees - LSEG data

** Stock up 63% in 2023, marking third straight annual gain

(Reporting by Ashish Chandra)

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Feb 5 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• TRIVENI TURBINE DEC-QUARTER CONSOL NET PROFIT 681.9 MILLION RUPEES VERSUS PROFIT 525.7 MILLION RUPEES

• TRIVENI TURBINE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4.32 BILLION RUPEES VERSUS 3.26 BILLION RUPEES

• TRIVENI TURBINE LTD - DIVIDEND 1.3 RUPEES PER SHARE AND SPECIAL DIVIDEND 1 RUPEE PER SHARE

Source text for Eikon: ID:nNSE4RmgG4

Further company coverage: TRVT.NS

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** Shares of Triveni Turbine TRVT.NS up as much as 3.53% at 371.5 rupees, their highest since Oct. 20

** Industrial steam turbine manufacturer's consol net profit rose 39% to 642.3 million rupees ($7.72 million)

** Rev from ops grew ~32% to 3.88 billion rupees, on strong order book in the quarter

** Analysts' average rating is equivalent of "buy", their median PT is 439.5 rupees - LSEG data

** Shares last up 3.3%, they gained 7.8% in the quarter

($1 = 83.2500 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Nov 1 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• INDIA'S TRIVENI TURBINE SEPT-QUARTER CONSOL NET PROFIT 642.3 MILLION RUPEES VERSUS 462.1 MILLION RUPEES

• TRIVENI TURBINE SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.88 BILLION RUPEES VERSUS 2.93 BILLION RUPEES

Source text for Eikon: ID:nBSE9tTNtN

Further company coverage: TRVT.NS

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** Brokerage Nirmal Bang Institutional Equities sees moderate growth in Indian capital goods cos on execution of robust Q2 order books

** Broker remains positive on sector in near- to medium-term on account of healthy order inflows and recovery in capex cycle

** "Expect topline growth of 11.8% YoY for cos under our coverage like Apar Industries APAR.NS, Triveni Turbine TRVT.NS, Solar Industries SLIN.NS, Power Mech Projects POMP.NS among others" - Nirmal Bang analysts

** Says margin expansion to drive profitability on a yearly basis for Q2 on lower freight costs and better supply chain dynamics

** Sets "buy" rating for TRVT, SLIN and POMP

(Reporting by Archishma Iyer)

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** Shares of Triveni Turbine TRVT.NS up ~5% at 413 rupees, set for biggest one-day jump since May 22

** The power equipment maker's Q1 net profit jumped 58.8%

** Rev increased 45.3%, outweighing a 44.2% rise in costs

** Co says rising energy demand, especially in industrial segment, expected to support demand for heating and cooling solutions in the medium term

** 2 mln shares change hands as of 11:19 a.m. IST, 3.6X the 30-day moving average

** Stock now up ~59% YTD

(Reporting by Varun Vyas in Bengaluru)

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Aug 1 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• INDIA'S TRIVENI TURBINE JUNE-QUARTER CONSOL NET PROFIT 607.5 MILLION RUPEES VERSUS PROFIT 382.5 MILLION RUPEES

• TRIVENI TURBINE LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.76 BILLION RUPEES VERSUS 2.59 BILLION RUPEES

Source text for Eikon: ID:nNSE4DQ0Sk

Further company coverage: TRVT.NS

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** Shares of Triveni Turbine Ltd TRVT.NS rise as much as 6.15% to 407.95 rupees

** Upmove after the power equipment maker reports 68% Y/Y jump in Q4 profit on a 56% rise in revenue from opsnFWN37D0WP

** Trading volume is 3.56 mln shares as of 1:50 p.m. IST, thrice the 30-day avg -Refinitiv data

** All six analysts tracking TRVT have "buy" rating; median TP is 342.50 rupees

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

May 16 (Reuters) - Triveni Turbine Ltd TRVT.NS:

• INDIA'S TRIVENI TURBINE LTD MARCH-QUARTER CONSOL NET PROFIT 555.1 MILLION RUPEES VERSUS PROFIT 330.1 MILLION RUPEES

• TRIVENI TURBINE LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.70 BILLION RUPEES VERSUS 2.37 BILLION RUPEES

• TRIVENI TURBINE LTD - TO INCORPORATE SPECIAL PURPOSE VEHICLE WITH INVESTMENT NOT EXCEEDING 50 MILLION RUPEES FOR PROMOTION OF SPORTS

Source text for Eikon: ID:nBSEbwKd64

Further company coverage: TRVT.NS

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