Triveni Turbine
Industrial Machinery & Equipment · India · 715 Employees
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About
Headquarters
12-a Peenya Industrial Area, Peenya I Stage, Ka...Phone Number
+91 8022164000Website
www.triveniturbines.comRevenue
$197.8 MillionStock Symbol
TRITURBINEIndustry
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Triveni Engineering divests stake in Triveni Turbine in line with promoters' succession planning
Tarun Sawhney is the managing director of Triveni Engineering while younger brother Nikhil Sawhney is the managing director of Triveni Turbine. Triveni Turbine was hived off from Triveni Engineering in 2011. The parent company had retained a 22% stake while the rest was allotted to its shareholders.Triveni Engineering to sell 11.85% stake in Triveni Turbine, launches block deal
Up to 3.82 crore shares are targeted to be offloaded by Triveni Engineering, at a price range of Rs 226.5-229 per share.Triveni Turbine net profit up 30% t0 Rs 36 crore in December quarter
The company had reported a consolidated net profit of Rs 27.54 crore in the quarter ended December 2020, a BSE filing stated
Frequently Asked Questions Regarding Triveni Turbine
For over four decades, Triveni has delivered robust, reliable and efficient steam turbine solutions. Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of over 60% in India. Over 2,500 steam turbines supplied by Triveni have been installed across 18 industries in over 50 countries, including Europe... Read More