India's Triveni Engineering falls on Q1 profit decline

Triveni Engineering and Industries

30/07/2025 07:53

** Shares of Triveni Engineering & Industries TREI.NS fall 6.5% to 343 rupees, lowest since April 7

** Stock logs steepest intraday percentage loss since December 30, 2024

** Food processing co posts a 86% Y/Y decline in June-qtr profit to 44.1 mln rupees  ($505,316.71)

** Revenue from operations, however, rises 27.4% Y/Y

** Stock trading at 3.7x their 30-day avg volume; busiest day since May 28

** TREI rated "buy" by 4 analysts on average; median target price is 527.5 rupees – data compiled by LSEG

** Stock down 24% YTD

($1 = 87.2720 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))