The share price of Tarvini Turbine has increased by 40% in the last one month.This multi-bagger stock has given investors a return of 32% in six months. Tarvini Turbine shares have gained 60% in the past one year.
New Delhi. There has been a lot of panic among investors in the Tarvini Turbine share. After the corona period, this stock is still going strong. This stock has increased investors’ money tenfold in four years. The post-Covid rebound saw strong bottom fishing in mid-cap stocks. At the end of March 2020, the share price of Triveni Turbine fell to ₹50 per share. Now its price has crossed 500 rupees. That means the multi-bagger stock has grown more than tenfold in about four years.
Today i.e. March 2 also, Tiruvini Turbine share rose by 3.39% to Rs.516 (Truvini Turbine Share Price) on NSE. This is his record high. Despite such spectacular gains, many brokerage firms believe the stock still has plenty of life left in it. Tarvini Turbine shares have gained 60% in the past one year. Similarly, in the last six months, this stock has given investors a return of 32%. Along with this, the price of this multi-bagger share has increased by 40% in the last one month.
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Brokerage advised to invest money.
Brokerage firm Motilal Oswal has recommended ‘Buy’ on the stock with a target price of Rs 540. The stock is currently trading at a P/E of 41X/31X estimated FY25/26 earnings, says Motilal Oswal. The company’s expansion into new markets has necessarily increased costs, but it still looks strong.
Brokerage firm Sharekhan has also advised investors to buy this share. The brokerage has set a target price of Rs 555 on shares of Tarvini Turbine. The brokerage said that increased after-market service activities and growth in exports had a positive impact on the company’s profitability. It is currently trading at 29 times its estimated EPS for FY2026. In such a situation there is room for further development.
(Disclaimer: The stock mentioned here is based on the advice of the brokerage houses. If you want to invest in any of them, consult a certified investment advisor first. News 18 of any profit or loss you make. will not be responsible).
Tags: money making tips, Multi bagger stock, Stock market, Stock tips
First Publication: March 2, 2024, 13:16 IST
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