Triveni Engineering (India) Today
| TRIVENI Stock | 364.10 2.40 0.66% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Triveni Engineering is trading at 364.10 as of the 29th of April 2024. This is a 0.66 percent increase since the beginning of the trading day. The stock's open price was 361.7. Triveni Engineering has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Triveni Engineering Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2023 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Food, Beverage & Tobacco | Category Consumer Defensive | Classification Consumer Staples |
Triveni Engineering is entity of India. It is traded as Stock on NSE exchange. The company has 218.9 M outstanding shares. More on Triveni Engineering Industries
Moving together with Triveni Stock
| 0.64 | PEL | Piramal Enterprises Earnings Call This Week | PairCorr |
| 0.62 | LICI | Life Insurance | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Triveni Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Triveni Engineering's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Triveni Engineering or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman MD | Dhruv Sawhney | ||||
| Business Concentration | Packaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, Consumer Staples, Food Products, Confectioners, Consumer Defensive (View all Sectors) | ||||
Triveni Engineering's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Triveni Engineering's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Triveni Engineering's financial leverage. It provides some insight into what part of Triveni Engineering's total assets is financed by creditors.
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Triveni Engineering Industries (TRIVENI) is traded on National Stock Exchange of India in India and employs 2,624 people. Triveni Engineering is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 79.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Triveni Engineering's market, we take the total number of its shares issued and multiply it by Triveni Engineering's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Triveni Engineering operates under Food Products sector and is part of Consumer Staples industry. The entity has 218.9 M outstanding shares.
Triveni Engineering generates positive cash flow from operations, but has no cash available
Check Triveni Engineering Probability Of Bankruptcy
Ownership AllocationTriveni Engineering maintains a total of 218.9 Million outstanding shares. Triveni Engineering has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 65.5 % of Triveni Engineering outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Triveni Ownership Details
Triveni Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Triveni Engineering jumping above the current price in 90 days from now is about 1.49%. The Triveni Engineering Industries probability density function shows the probability of Triveni Engineering stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Triveni Engineering Industries has a beta of -0.0913. This usually implies as returns on the benchmark increase, returns on holding Triveni Engineering are expected to decrease at a much lower rate. During a bear market, however, Triveni Engineering Industries is likely to outperform the market. Additionally, triveni Engineering Industries has an alpha of 0.169, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Triveni Engineering to move above the current price in 90 days from now is about 1.49 (This Triveni Engineering Industries probability density function shows the probability of Triveni Stock to fall within a particular range of prices over 90 days) .
Triveni Engineering Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Triveni Engineering market risk premium is the additional return an investor will receive from holding Triveni Engineering long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Triveni Engineering. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Triveni Engineering's alpha and beta are two of the key measurements used to evaluate Triveni Engineering's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.73 | |||
| Semi Deviation | 2.06 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.17 |
Triveni Stock Against Markets
Picking the right benchmark for Triveni Engineering stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Triveni Engineering stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Triveni Engineering is critical whether you are bullish or bearish towards Triveni Engineering Industries at a given time. Please also check how Triveni Engineering's historical prices are related to one of the top price index indicators.
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Triveni Engineering Corporate Management
Elected by the shareholders, the Triveni Engineering's board of directors comprises two types of representatives: Triveni Engineering inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Triveni. The board's role is to monitor Triveni Engineering's management team and ensure that shareholders' interests are well served. Triveni Engineering's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Triveni Engineering's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Geeta Bhalla | Compliance VP | Profile | |
| Ashok Kumar | VP Unit | Profile | |
| Sameer Sinha | Chief Group | Profile | |
| Sanjeev Asthana | Vice Resources | Profile | |
| Rajiv Rajpal | Chief Business | Profile | |
| Prateek Kumar | Group Officer | Profile |
How to buy Triveni Stock?
Before investing in Triveni Engineering, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Triveni Engineering. To buy Triveni Engineering stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Triveni Engineering. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Triveni Engineering stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Triveni Engineering Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Triveni Engineering Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Triveni Engineering Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Triveni Engineering Industries?
The danger of trading Triveni Engineering Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Triveni Engineering is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Triveni Engineering. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Triveni Engineering is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Triveni Engineering Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Triveni Engineering information on this page should be used as a complementary analysis to other Triveni Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Triveni Stock analysis
When running Triveni Engineering's price analysis, check to measure Triveni Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Triveni Engineering is operating at the current time. Most of Triveni Engineering's value examination focuses on studying past and present price action to predict the probability of Triveni Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triveni Engineering's price. Additionally, you may evaluate how the addition of Triveni Engineering to your portfolios can decrease your overall portfolio volatility.
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