Triveni Engineering Adjusts Valuation Amidst Mixed Performance in Sugar Industry

Triveni Engineering and Industries, a small-cap player in the sugar industry, has recently undergone a valuation adjustment. The company's current price stands at 358.75, reflecting a slight increase from the previous close of 351.40. Over the past year, Triveni has experienced a stock return of -10.87%, contrasting with a 5.76% return from the Sensex, indicating a challenging performance relative to the broader market.
Key financial metrics for Triveni include a PE ratio of 36.30 and an EV to EBITDA ratio of 22.04. The company's return on capital employed (ROCE) is reported at 6.96%, while the return on equity (ROE) stands at 7.82%. The dividend yield is relatively modest at 0.70%.

In comparison to its peers, Triveni's valuation metrics present a mixed picture. For instance, EID Parry is noted for its high valuation, while Balrampur Chini shares a similar valuation status with Triveni. Other competitors like Piccadily Agro and Bannari Amman Sugar are positioned at higher valuation levels, highlighting the competitive landscape within the sugar sector.