India's Triveni Engineering falls on quarterly profit decline

Triveni Engineering and Industries

21/05/2024 08:32

** Shares of Triveni Engineering and Industries  TREI.NS 
fall as much as 4.1% before trimming some losses, last down 3.3%
at 353.55 rupees 
    ** Stock on track to post biggest one-day pct decline since
early March 
    ** The company which makes sugar, power and defence
equipments and water treatment solutions said its March-qtr
consol profit and rev from ops fell about 15% each 
    ** Including session's gains, stock up 3.1% YTD, while peers
K.M. Sugar Mills  KMSU.NS  ~19% higher, Dhampur Sugar Mills
 DAMS.NS  down 11% 


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))