Triveni Turbine soars 5%, hits record high on healthy business outlook

The Company believes that the outlook for product order booking in the near-term is strong on the back of its healthy enquiry pipeline.

Shares of Triveni Turbine hit a record high of Rs 285.40 as they rallied 5 per cent on the BSE in Friday's intra-day trade on healthy business outlook. It surpassed its previous high of Rs 277.90, which it had touched on October 18. At 01:59 PM, the stock was trading 3.5 per cent higher at Rs 281.55, as compared to 0.35 per cent rise in the S&P BSE Sensex.

Triveni Turbine provides innovative, robust, reliable, cost effective and efficient end-to-end industrial steam turbine solutions for power generation and for Combined Heat and Power (CHP) generation applications, catering to the