{"id":103501,"date":"2023-05-26T15:53:00","date_gmt":"2023-05-26T10:23:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=103501"},"modified":"2023-05-26T16:26:43","modified_gmt":"2023-05-26T10:56:43","slug":"sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/","title":{"rendered":"Sugar stock in green after company reports net profit increase of 30%; Do you own it?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-764592607\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Triveni Engineering &amp; Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40&nbsp; apiece from the previous close price of&nbsp; \u20b9 264. The company&#8217;s recent release of strong Q4 FY 22-23 results caused the stock price to jump today.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1447836450\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 14:30 am, the stock was trading at&nbsp; \u20b9273.25 on the BSE, up 3.23 percent from its previous close.<\/p><p>The company&#8217;s net profit increased by 74% year over year to Rs 190.31 crore. Additionally, revenue from operations increased by 53% to Rs 1,839 crore from Rs 1,195 crore the previous year.<\/p><p>Triveni Engineering &amp; Inds. Ltd. is engaged in the business of manufacturing sugar, steam turbines, distilleries, Co-Geneartion projects, and engineering activities. The company also sells FMCG goods under the brand name Shagun.<\/p><div class=\"trade-content_5\" id=\"trade-2513667828\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Having a quick walkthrough of the financials reported by the company, the operating revenue increased from \u20b91,695 crores in Q3 to \u20b91,839 crores in Q4. Similarly, the net profits of the company during the same period, increased by 30 percent, from \u20b9147 crore to \u20b9 190 crore.&nbsp;<\/p><p>On a YoY comparison of the metrics, the revenues significantly improved from \u20b9 4,716 crores during FY 21-22 to \u20b96,390 crores in FY 22-23. The PAT numbers have shifted upwards within the timeframe mentioned, from \u20b9 424 crores to \u20b91792 crores.&nbsp;<\/p><p>The board of directors has recommended a final dividend of 325 percent of Rs 3.25 per equity share.<\/p><p>In the past three years, the stock has jumped around 592.50 percent, ranging from&nbsp; \u20b940.65 to the current price levels.&nbsp;<\/p><p>According to the latest data pertaining to the shareholding pattern, promoters of the company hold a 60.98 percent stake, and domestic institutional investors (DIIs) hold an 8.54 percent stake in the company for FY 22-23.<\/p><p><strong>Written by Omkar C<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2784090864\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1745189206\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Triveni Engineering &amp; Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40&nbsp; apiece from the previous close price of&nbsp; \u20b9 264. The company&#8217;s recent release of strong Q4 FY 22-23 results caused the stock price to jump today.&nbsp; At 14:30 am, the stock was trading at&nbsp; \u20b9273.25 on [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":82704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31],"tags":[],"class_list":["post-103501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sugar stock in green after company reports net profit increase of 30%; Do you own it? - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of Triveni Engineering &amp; Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40\u00a0 apiece from the previous close price of\u00a0 \u20b9 264. The company&#039;s recent release of strong Q4 FY 22-23 results caused the stock price to jump today.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sugar stock in green after company reports net profit increase of 30%; Do you own it?\" \/>\n<meta property=\"og:description\" content=\"Shares of Triveni Engineering &amp; Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40\u00a0 apiece from the previous close price of\u00a0 \u20b9 264. The company&#039;s recent release of strong Q4 FY 22-23 results caused the stock price to jump today.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-26T10:23:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-26T10:56:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/\",\"url\":\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/\",\"name\":\"Sugar stock in green after company reports net profit increase of 30%; Do you own it? - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg\",\"datePublished\":\"2023-05-26T10:23:00+00:00\",\"dateModified\":\"2023-05-26T10:56:43+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of Triveni Engineering & Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40\u00a0 apiece from the previous close price of\u00a0 \u20b9 264. The company's recent release of strong Q4 FY 22-23 results caused the stock price to jump today.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sugar stock in green after company reports net profit increase of 30%; Do you own it?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sugar stock in green after company reports net profit increase of 30%; Do you own it? - Trade Brains Features","description":"Shares of Triveni Engineering & Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40\u00a0 apiece from the previous close price of\u00a0 \u20b9 264. The company's recent release of strong Q4 FY 22-23 results caused the stock price to jump today.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/","og_locale":"en_US","og_type":"article","og_title":"Sugar stock in green after company reports net profit increase of 30%; Do you own it?","og_description":"Shares of Triveni Engineering & Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40\u00a0 apiece from the previous close price of\u00a0 \u20b9 264. The company's recent release of strong Q4 FY 22-23 results caused the stock price to jump today.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-05-26T10:23:00+00:00","article_modified_time":"2023-05-26T10:56:43+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/","url":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/","name":"Sugar stock in green after company reports net profit increase of 30%; Do you own it? - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg","datePublished":"2023-05-26T10:23:00+00:00","dateModified":"2023-05-26T10:56:43+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of Triveni Engineering & Industries Ltd. surged 4% on Friday to reach an intraday high of \u20b9 281.40\u00a0 apiece from the previous close price of\u00a0 \u20b9 264. The company's recent release of strong Q4 FY 22-23 results caused the stock price to jump today.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/sugar-cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/sugar-stock-in-green-after-company-reports-net-profit-increase-of-30-do-you-own-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Sugar stock in green after company reports net profit increase of 30%; Do you own it?"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/103501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=103501"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/103501\/revisions"}],"predecessor-version":[{"id":103502,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/103501\/revisions\/103502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/82704"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=103501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=103501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=103501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}