Triveni Turbine Shows Signs of Recovery Amid Broader Market Gains

May 05 2025 11:35 AM IST
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Triveni Turbine has experienced notable activity, reversing a three-day decline with a significant intraday high. The stock has outperformed its sector today, while broader market indices, including the Sensex and BSE Mid Cap, have also shown positive movement. Year-to-date, Triveni Turbine remains down.
Triveni Turbine has shown significant activity today, gaining 5.69% as of May 5, 2025. This performance marks a trend reversal for the stock, which had experienced three consecutive days of decline prior to today. The stock reached an intraday high of Rs 535.95, reflecting a 5.85% increase at its peak.

In terms of market performance, Triveni Turbine has outperformed its sector by 4.13% today. Its moving averages indicate that the stock is currently above the 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

The broader market context shows that the Sensex has continued its upward trajectory, climbing 200.19 points to reach 80,861.81, marking a 0.45% increase. The BSE Mid Cap index is leading the market with a gain of 1.05%. Over the past three weeks, the Sensex has appreciated by 7.59%, while Triveni Turbine's performance over the same period stands at 1.72%. Despite recent gains, Triveni Turbine's year-to-date performance remains down by 27.78%.
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