Triveni Turbine Share Price Target From 2024 to 2030: Stocks investment can be both financially rewarding and intricate; one such prominent market player in industrial manufacturing is Triveni Turbine. It has maintained stable growth and overall performance. We have in our analysis a detailed share price target for Triveni Turbine from the year 2024 to 2030, using proper data points and financial indicators. Here, we dig through its latest growth, current market trends, and estimated growth that will provide you with all-around opportunity scenarios for investors.
About Company
Triveni Turbine Ltd is one of the leading Indian companies engaged in industrial steam turbines business focus areas have evolved with innovative and reliable solutions for power generation. The company boasts a diversified product profile catering to the various industries like sugar, steel, cement, textiles, and chemicals. In general, the company’s emphasis on R&D coupled with strategic partnerships with major international players has further augmented its market position.
Key Financials For Triveni Turbine Share Price
- Open: ₹671.00
- High: ₹698.65
- Low: ₹626.05
- Market Cap: ₹20,550 Crores
- P/E Ratio: 71.62
- Dividend Yield: 0.40%
- 52-Week High: ₹843.95
- 52-Week Low: ₹364.85
At ₹20,550 Crores, the market cap of Triveni Turbine clearly shows its strong positioning within the industrial space. Its P/E ratio at 71.62 seems to indicate good investor confidence though in premium territory. The dividend yield stands at 0.40%, however negligible but proves that Triveni Turbine pays to its shareholders.
Triveni Turbine Share Price Performance in Last Few Months
Triveni Turbine’s stock has increased by 61.11% in the last year, from ₹403.45 to ₹650.00. Such high levels of surge may be due to strong reports of quarterly performance, strategic expansions, and high interest from FIIs. The trend of demand for efficient and sustainable energy solutions also meets well with the product offerings of the company, pushing its share price upward.
Shareholding Pattern For Triveni Turbine Share Price
- Promoters: 55.84%
- FII/FPI: 28.09%
- Mutual Funds: 10.81%
- Retail and Others: 4.59%
- Other Domestic Institutions: 0.68%
The share holding pattern makes us aware of the promoter holding that remains at an optimum level of confidence at 55.84%. FII holding have increased from 27.51% to 28.09%, therefore depicting a rise in foreign interest. Mutual fund holding have dropped from 11.66% to 10.81%, thus depicting a degree of profit booking by institutional investors.
Triveni Turbine Share Price Target from 2024 to 2030
| Year | Target |
| 2024 | ₹864 |
| 2025 | ₹1109 |
| 2026 | ₹1269 |
| 2027 | ₹1454 |
| 2028 | ₹1665 |
| 2029 | ₹1905 |
| 2030 | ₹2179 |
1. Triveni Turbine Share Price Target for 2024: ₹864
The share price target for 2024 stands projected at ₹864, which would be a healthy potential upside given the present price of ₹650. This has been drawn based on various criteria:
- Continued strong demand for energy-efficient turbines
- New International Markets expansion
- Robust order book and steady revenue growth projections.
Slightly improving it, there is some perceptibility about confidence in the business model of Triveni Turbine and its growth prospects ahead.
2. Triveni Turbine Share Price Target 2025: ₹1,109
Till the year 2025, the share price is going to touch ₹1,109 on the back of:
- Exponential export growth, as the demand for industrial steam turbines will soar higher.
- Product innovation to maintain steady improvement in operational efficiency.
- Strategic partnerships with global giants to bolster the commercial presence.
- Nouveau focuses on R&D capabilities. The new products will create a line of upsurge in its revenue-generating streams.
3. Triveni Turbine Share Price Target for 2026: ₹1,269
The share price target in 2026 has been fixed at ₹1,269. The year 2026 may witness:
- Revenue growth of the power equipment to be stabilized both for local and overseas customers.
- Profitability to expand through operational streamlining and controlling costs.
- Product diversification to connect with other sectors, industrial sectors.
- Efforts of the firm to digitize processes and expand its service portfolios are going to fuel earnings higher.
4. Triveni Turbine Share Price Target 2027: ₹1,454
Share price will reach ₹1,454 in 2027. This positive view is based on:
- Expansion of its footprint in renewable energy sectors.
- Forays into geographically new territories with a strategic alliance.
- After-sales service and maintenance contracts, along with good revenue inflows, are showing potential for strength.
- The rapidly growing clean and sustainable energy sector is going to unlock new avenues of growth for Triveni Turbine.
5. Triveni Turbine Share Price Target for 2028: ₹1,665
Target price by 2028 likely to reach ₹1,665. Growth influencers are going to be-
- Rising demand for green energy solutions will help Triveni Turbine’s eco-friendly products.
- Strengthening global presence, especially in Asia-Pacific and Middle Eastern regions
- Product portfolio diversified to cater to myriad industrial needs.
- Revenues and profitability will continue growing, thereby fueling investor optimism that will continue to drive the share price upward.
6. Triveni Turbine Share Price Target for 2029: ₹1,905
Share price target for 2029 is at ₹1,905. That will be a high number from the ones provided in the past years. Some of the reasons include:
- Improved manufacturing capacity, better production efficiencies.
- Further improvement of customer relationship, long term service agreements.
- Continuous scientific research, innovation, and up-gradation of its product lines.
This strategic shift towards carbon-emission reduction makes it likely that Triveni Turbine will continue to provide efficient and sustainable turbine solutions in response to growing demand.
7. Triveni Turbine Share Price Target for 2030: ₹2,179
The target share price for 2030 would be ₹2,179 with a healthy annualized growth rate. Some of the reasons to achieve this kind of target include:
- Strong market position and leadership in industrial steam turbine manufacturing.
- High-quality financials with steady growth in revenue and profits.
- Long term contracts and repeat orders from clients across industries.
The strategic actions undertaken by the company are merger and acquisition, which will also help in increasing value in the market; this way, the share price will help beat the target.
Key Drivers of Triveni Turbine Share Price
- Increasing Global Demand for Turbines: There is an increasing demand for energy-efficient solutions by different industries, thus driving the demand for products made in Triveni Turbine.
- Technological Advancement: With new technological change in turbines, new products are developed that attract more clients and grow revenue.
- Foreign Investments: The increase in the stake of foreign institutional investors reflects international confidence in the company’s growth prospect.
- Economic Conditions: Global economic trends, particularly those prevailing in energy and industrial sectors, would also affect the performance of the company and consequently the share price of the company.
FAQ For Triveni Turbine Share Price
1. Would you invest for the long term in Triveni Turbine?
Triveni Turbine indeed holds a leadership position in the market, maintains consistent financial performance and has grown demand for industrial steam turbines, thus makes a great long-term investment, hence the answer is yes.
2. What is the Target Share Price of Triveni Turbine in 2025?
The price target for Triveni Turbine stock in FY25 stands at ₹1,109.
3. Has the shareholding pattern changed in the last-quoted quarter?
In Q2 September 2024, FII increased to 28.09% from 27.51%, while MF reduced its stake from 11.66% to 10.81%.
4. What drives the growth of Triveni Turbine?
The key drivers include global positive demand for energy-efficient turbines, well-maintained R&D capabilities, growing international market presence, and innovative technology.
5. What does the P/E ratio of Triveni Turbine convey, and what is it in the period concerned?
The P/E ratio of the company stood at 43.67 times at the end of December 2023. Triveni Turbine trades with a P/E of 71.62, which reveals a premium valuation. It indicates that either more investors believe in the company’s future prospects of growth or less investors believe in the same prospect of growth.
Essentially, Triveni Turbine is a very attractive investment opportunity with solid growth prospects. The Triveni Turbine Share Price targets estimated for the period between 2024 and 2030 reflect tremendous upside potential. As the company continues to expand its innovative reach into markets, there remains much scope for delivering terrific returns for shareholders. Investors are required to watchfully observe market conditions and updates from the company side while making investment decisions.
