Triveni Engineering

Buy Triveni Engg With Stop Loss Of Rs 124

Buy Triveni Engg With Stop Loss Of Rs 124Stock market analyst Kunal Saraogi has maintained 'buy' rating on Triveni Engineering & Industries Limited stock to achieve a target of Rs 139.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 124.

The stock of the company, on Nov 08, closed at Rs 127 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 4.41 and 29.34 respectively.

The share price has seen a 52-week high of Rs 143.50 and a low of Rs 86 on BSE.

Triveni faces a loss of Rs. 14.23 crore

TriveniTriveni Engineering & Industries (TEIL) has said that it has faced a loss of Rs. 14.23 crore during the third quarter ending on June 30.

The company is basically into the business of sugar and like the other companies in the sector has faced the brunt of the lower price and loss on the production front.

TEIL follows October-September as its accounting year which is in line with the year followed in sugar production as well. During the same period of the last year, it was having a profit of Rs. 39.81 crore.

Buy Triveni Engg For 1-2 Days: Karvy

Buy Triveni Engg For 1-2 Days: KarvyKarvy Stock Broking Limited has maintained 'Buy' rating on Triveni Engineering Ltd stock to achieve a target of Rs 115 in 1-2 trading sessions.

According to Karvy, interested traders can buy the stock between Rs 108-109 with a strict stop loss of Rs 104.

The shares of the company on Monday, (Dec 14), closed at Rs 109.50 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 125.30 and a low of Rs 32.10 on BSE.

Current EPS and P/E of the stock stood at 7.06 & 15.61 respectively.




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