{"id":76880,"date":"2022-12-08T15:35:00","date_gmt":"2022-12-08T10:05:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=76880"},"modified":"2022-12-08T16:41:51","modified_gmt":"2022-12-08T11:11:51","slug":"small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/","title":{"rendered":"Small Cap Stock down 4% after speculations about promoters selling a stake"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3788495744\"><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>The shares of Triveni Engineering and Industries declined 6.36% on Thursday to reach an intraday low of \u20b9 275.25. They were trading at \u20b9 276.70 apiece at 02:31 PM on Thursday.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-381742149\"><!-- 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>Around 20.73 million shares representing 8.58% of Triveni Engineering changed hands on the BSE. The names of the buyers and sellers were not known immediately.&nbsp;<\/p><p>However, according to reports, the company\u2019s promoter Dhruv Sawhney is likely to sell a 7.03 percent stake, approximately 1.7 crore shares, via block deals on December 08, 2022. As a result, the company\u2019s share price declined by 7.61% since then.\u00a0<\/p><p>As on September 30, 2022, Dhruv Sawhney held 37.3 million equity shares or 15.43 percent stake in Triveni Engineering, according to the shareholding pattern.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-2880092318\"><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>Triveni Engineering and Industries Ltd is an integrated sugar manufacturing company, which is also involved in manufacturing high-speed gears and project implementation in the fields of water and waste-water treatment and pollution control.&nbsp;<\/p><p>The company had divested its entire 21.85 percent stake in Triveni Turbine worth Rs 1,609 crore, unlocking significant value for shareholders. It said that the proceeds will be utilized for rewarding shareholders as well as for funding the growth and expansion of the business.\u00a0<\/p><p>In another development, Triveni Engineering announced a proposal to buy back up to 22.86 million equity shares from shareholders at a price of \u20b9 350 per share for an aggregate amount not exceeding \u20b9 800 crores.\u00a0<\/p><p>Triveni Engineering has a market capitalization of \u20b9 7106 crores and is a small-cap company. It has a good return on equity of 24.45% and an ideal debt-to-equity ratio of 0.82. Its shares were trading at a price-to-equity ratio of 17.85, which is lower than the industry average of 20.40, indicating that the stock might be undervalued.\u00a0<\/p><p><strong>Written by Simran Bafna<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3420415753\"><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>The shares of Triveni Engineering and Industries declined 6.36% on Thursday to reach an intraday low of \u20b9 275.25. They were trading at \u20b9 276.70 apiece at 02:31 PM on Thursday.&nbsp; Around 20.73 million shares representing 8.58% of Triveni Engineering changed hands on the BSE. The names of the buyers and sellers were not known [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13574,"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-76880","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>Small Cap Stock down 4% after speculations about promoters selling a stake - Trade Brains Features<\/title>\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\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small Cap Stock down 4% after speculations about promoters selling a stake\" \/>\n<meta property=\"og:description\" content=\"The shares of Triveni Engineering and Industries declined 6.36% on Thursday to reach an intraday low of \u20b9 275.25. They were trading at \u20b9 276.70 apiece at 02:31 PM on Thursday.&nbsp; Around 20.73 million shares representing 8.58% of Triveni Engineering changed hands on the BSE. The names of the buyers and sellers were not known [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/\" \/>\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=\"2022-12-08T10:05:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T11:11:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-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\/2022\/01\/Markets-down-1-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\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/\",\"url\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/\",\"name\":\"Small Cap Stock down 4% after speculations about promoters selling a stake - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg\",\"datePublished\":\"2022-12-08T10:05:00+00:00\",\"dateModified\":\"2022-12-08T11:11:51+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg\",\"width\":1280,\"height\":854,\"caption\":\"nifty Sensex\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Small Cap Stock down 4% after speculations about promoters selling a stake\"}]},{\"@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":"Small Cap Stock down 4% after speculations about promoters selling a stake - Trade Brains Features","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\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/","og_locale":"en_US","og_type":"article","og_title":"Small Cap Stock down 4% after speculations about promoters selling a stake","og_description":"The shares of Triveni Engineering and Industries declined 6.36% on Thursday to reach an intraday low of \u20b9 275.25. They were trading at \u20b9 276.70 apiece at 02:31 PM on Thursday.&nbsp; Around 20.73 million shares representing 8.58% of Triveni Engineering changed hands on the BSE. The names of the buyers and sellers were not known [&hellip;]","og_url":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2022-12-08T10:05:00+00:00","article_modified_time":"2022-12-08T11:11:51+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-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\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/","url":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/","name":"Small Cap Stock down 4% after speculations about promoters selling a stake - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg","datePublished":"2022-12-08T10:05:00+00:00","dateModified":"2022-12-08T11:11:51+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-down-1-Cover-Image-.jpg","width":1280,"height":854,"caption":"nifty Sensex"},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-down-4-after-speculations-about-promoters-selling-a-stake\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Small Cap Stock down 4% after speculations about promoters selling a stake"}]},{"@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\/76880","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=76880"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/76880\/revisions"}],"predecessor-version":[{"id":76883,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/76880\/revisions\/76883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/13574"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=76880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=76880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=76880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}