Triveni Turbine soars 10% to hit new high on healthy revenue growth outook

Till 01:56 pm; a combined 10.14 million shares, representing 3.2 per cent of the total equity of the company, had changed hands on the NSE and BSE

Shares of Triveni Turbine rallied 10 per cent to hit a new high of Rs 329.95 on the BSE in Tuesday’s intra-day trade amid heavy volumes on a strong business outlook.

The stock surpassed its previous high of Rs 312.70 touched on February 22, 2023. In comparison, the S&P BSE Sensex was down 0.5 per cent at 59,009, at 01:56 pm. The average trading volumes on the counter had jumped nearly three-fold so far. A combined 10.14 million shares, representing 3.2 per cent of the total equity of the company, had changed hands on the NSE and BSE.