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Triveni Engineering & Industries Share Price Target: 2024, 2025, 2030, and 2040

Triveni Engineering & Industries Share Price Target: 2024, 2025, 2030, and 2040

Triveni Engineering Share Price Target: If you are looking for “Triveni Engineering & Industries Share Price Targets for the upcoming years”, you are in the right place. In this post, we will analyze Triveni Engineering & Industries stock price targets for the upcoming years. Triveni Engineering & Industries is a producer of high-quality potable alcohol and fuel-grade ethanol and is one of the largest integrated sugar manufacturers in India, with a presence in seven state-of-the-art FSSC 22000-certified sugar units.

About Triveni Engineering & Industries Ltd

Triveni Engineering & Industries Ltd., incorporated in 1932, is a small-cap company with a market cap of ₹ 7,573.87 crore, operating in the sugar sector. Its key products and revenue segments include sugar, contract revenue, other operating revenue, sale of services, and scrap.

Triveni Engineering & Industries Limited is one of the largest integrated sugar manufacturers in India and a market leader in its engineering businesses, which span power transmission, water and wastewater treatment solutions, and defence.

COMPANY NAMETriveni Engineering & Industries Ltd
INDUSTRYManufacturing
FOUNDED1932
COUNTRYIndia
OFFICIAL WEBSITEwww.trivenigroup.com

Key Metrics

MARKET CAP (₹)7,573.87 Crore
SECTORIAL MARKET CAP RANK4
PE RATIO (x)4.22
PRICE TO BOOK RATIO (x)2.76
EPS – TTM (₹)81.91
DIVIDEND YIELD (%)0.94
STOCK- 52 WEEK HIGH AND LOW (₹)352.00 / 240.00

Triveni Engineering & Industries Limited’s share price targets for 2024, 2025, 2026, 2027, 2028, 2029, 2030, and 2040 are shown in the table below.

YearMinimum PriceMaximum Price
2023₹ 370
2024₹ 365₹ 450
2025₹ 450₹ 540
2026₹ 535₹ 630
2027₹ 620₹ 720
2028₹ 705₹ 820
2029₹ 810₹ 940
2030₹ 930₹ 1,200
2040₹ 3,000₹ 3,250

Important Note: These price targets of “Triveni Engineering & Industries Ltd Ltd” are only for reference purpose only, short-term and long-term Triveni Engineering & Industries Ltd stock price predictions may be different due to the different analysed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis. 

Share Price Target for Triveni Engineering & Industries Ltd. 2023 

The year 2023 appears to be an exponential opportunity for those looking to invest in Triveni Engineering & Industries Ltd. stock for short-term purposes. Right now, there is a lot of potential for growth in the stock this year. According to our forecast, this stock can go up to ₹ 370.

YearMinimum PriceMaximum Price
2023₹ 370

Share Price Target for Triveni Engineering & Industries Ltd. 2024

From a broad viewpoint, the company is considering raising the minimum sale price of sugar in the sugar segment. This move will revitalise industry growth and result in more advancement for the company in this market. As the company’s expanded capacity starts to operate, they will move towards greater sales and profitability in the distillery area. The company intends to increase its footprint across geographies and in international markets in the power transmission sector in the upcoming years to raise sales and profitability.

YearMinimum PriceMaximum Price
2024₹ 365₹ 450

Share Price Target for Triveni Engineering & Industries Ltd. 2025

The company sees strong potential in the engineering sector for future growth, given the rise in demand for industrial gearboxes in key industries, especially cement, biomass and agricultural waste, steel, and oil and gas. which the company is expected to benefit.

The company notched a 16% increase in turnover during the year. The growth has been driven mainly by the Power Transmission business, which reported its highest-ever annual revenues across segments, including export markets.

YearMinimum PriceMaximum Price
2025₹ 450₹ 540

Share Price Target for Triveni Engineering & Industries Ltd. 2026

The company is also extremely optimistic about futuristic growth in the defence segment, where it currently has a strong pipeline with some niche orders from the Indian Navy, for whom they are a preferred partner in this segment.

The company shall focus on gaining a foothold in multiple indigenous product categories through the development of its own technology as well as through technology collaborations.

YearMinimum PriceMaximum Price
2026₹ 535₹ 630

Share Price Target for Triveni Engineering & Industries Ltd. 2027

YearMinimum PriceMaximum Price
2027₹ 620₹ 720

Share Price Target for Triveni Engineering & Industries Ltd. 2028

Management is also planning to diversify and expand the company’s business. Management believes that we are well positioned to harness this opportunity on the back of our core strengths, expertise, and experience, aided by our deep insights into market trends and drivers. Both the Sugar and Engineering business segments of the company are well positioned to drive the company’s next level of growth. 

YearMinimum PriceMaximum Price
2028₹ 705₹ 820

Share Price Target for Triveni Engineering & Industries Ltd. 2029

YearMinimum PriceMaximum Price
2029₹ 810₹ 940

Share Price Target for Triveni Engineering & Industries Ltd. 2030

The government’s emphasis on capacity building and infrastructure development through water management and conservation programs is driving a massive increase in demand for water treatment solutions. If we talk about the water business of the company, it is also slated for scale-up in the near future. The company’s focus in this industry is still on increasing operational effectiveness because doing so would lead to higher profitability and future growth. On the water business, the management is optimistic about the award of tenders, which they have been anticipating over the past few years to grow their business.

YearMinimum PriceMaximum Price
2030₹ 930₹ 1,200

Share Price Target for Triveni Engineering & Industries Ltd. 2040

The company has a diversified product base and a strong presence in the market. The company’s strong market presence, cost controls, and operating leverage in the market ultimately translate into profitability. Through this, the growth of the company is expected to continue into the future as well.

YearMinimum PriceMaximum Price
2040₹ 3,000₹ 3,250

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Recommendations: Invest in Triveni Engineering & Industries Limited stock or sell it?

According to the Forecast System, Triveni Engineering & Industries Ltd.’s stock is good for investment purposes. According to the stock analyst, the company stock will have a positive trend in the future, and Triveni Engineering & Industries Ltd. shares can be a good investment to make money. The outlook for this stock is positive. You can choose this stock for your investment portfolio.

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