Triveni Engineering plunges 4.5%

The company reported a consolidated net profit of Rs.44.14 crore for the quarter ended March.

May 17, 2016 10:05 IST India Infoline News Service

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Triveni Engineering and Industries Ltd stock was lower by 4.5% at Rs. 55. The company reported consolidated net profit of Rs 44.14 crore for the quarter ended March.

The scrip opened at Rs. 57.8 and has touched a high and low of Rs. 57.9 and Rs. 54.6 respectively. So far 1916944(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1490.92 crore.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 56.8 on 12-May-2016 and a 52 week low of Rs. 14.4 on 03-Jun-2015. Last one week high and low of the scrip stood at Rs. 56.8 and Rs. 51.5 respectively.
The promoters holding in the company stood at 68.22 % while Institutions and Non-Institutions held 6.93 % and 24.85 % respectively.
The stock is currently trading above its 50 DMA.

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