Where Will Triveni Turbine Share Price Be in the Next 3 Years?
- July 14, 2026
- Posted by: Kunal Singla
- Category: News
Triveni Turbine share price Rs 617 (10 July 2026). 52W high Rs 788, low Rs 428. Market cap Rs 19,628 Cr. 2030 scenario range Rs 770 to Rs 1,300.
The Triveni Turbine share price forecast for the next 3 years is a question on many investors’ minds as the stock trades at Rs 617 on 10 July 2026, within a 52 week range of Rs 428 to Rs 788. This article lays out a scenario based Triveni Turbine share price outlook for 2027, 2028 and 2030, built on the company’s fundamentals, sector trends and the key risks that could change the trajectory. Rather than a single number, the focus here is on the range of outcomes and the assumptions behind each one.
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Triveni Turbine Company Overview
Triveni Turbine is India’s leading manufacturer of small and medium sized steam turbines for captive power, process industries and renewable energy applications, with a growing export and aftermarket business. Understanding the business model is the first step in framing any credible Triveni Turbine share price forecast, because the durability of earnings ultimately decides where the stock trades.
| Company | Triveni Turbine |
| NSE Ticker | TRITURBINE |
| CMP (10 July 2026) | Rs 617 |
| 52 Week High | Rs 788 |
| 52 Week Low | Rs 428 |
| Market Cap | Rs 19,628 Cr |
| Stock PE | 54.3 |
| Book Value | Rs 45.5 |
| ROE | 27.1% |
| ROCE | 35.9% |
| Dividend Yield | 0.66% |
Where Does Triveni Turbine Share Price Stand Today?
The stock currently trades about 22 percent below its 52 week high of Rs 788, which means the market has already tempered some of its optimism. For anyone building a Triveni Turbine share price forecast, this correction matters for the Triveni Turbine share price forecast starting point, because entry valuations have a large bearing on 3 year returns.
At the current price, Triveni Turbine commands a market capitalisation of Rs 19,628 Cr and trades at a price to earnings multiple of 54.3. The company generates a return on equity of 27.1% and a return on capital employed of 35.9%, which places it in the category of businesses with strong return ratios. These numbers anchor the Triveni Turbine share price forecast scenarios that follow. How the broader Nifty 50 index trades over this period will also influence the multiple investors are willing to assign to the stock.
Triveni Turbine Share Price Forecast: Key Growth Drivers for the Next 3 Years
Four forces are likely to shape the Triveni Turbine share price forecast between now and 2030, and together they explain most of the dispersion in this Triveni Turbine share price forecast. Each is discussed below with its likely direction of impact.
Earnings Trajectory and Return Ratios
Stock prices ultimately follow earnings. With strong return ratios at present, the pace at which profits compound over FY27 to FY30 will be the single biggest determinant of the Triveni Turbine share price forecast actually playing out. Consistent earnings delivery tends to expand valuation multiples, while misses compress them quickly.
Capital Goods and Manufacturing Capex Upcycle
Power grid investment, defence indigenisation and private manufacturing capex have put Indian capital goods in a strong demand upcycle. Established manufacturers like Triveni Turbine with technology depth and order visibility are direct beneficiaries.
Within the space, investors often benchmark Triveni Turbine against peers such as Kirloskar Oil Engines, Cummins India and Kirloskar Brothers on growth and valuations before forming a view on the Triveni Turbine share price forecast.
Company Specific Catalysts
The bull case for Triveni Turbine rests on industrial capex revival, exports to developed markets and a growing high margin aftermarket service business. If these play out on schedule, the Triveni Turbine share price forecast for 2030 could gravitate toward the upper end of the scenario range discussed below.
Macro Environment and Liquidity
The RBI rate cycle, FII flows into Indian equities and overall market valuations will influence the multiple investors are willing to pay. A benign macro backdrop supports the optimistic end of any Triveni Turbine share price forecast, while global risk aversion would do the opposite to the Triveni Turbine share price outlook.
Triveni Turbine Share Price Forecast 2027, 2028 and 2030: Scenario Analysis
The table below presents a scenario based Triveni Turbine share price forecast using compounded annual growth assumptions applied to the current market price of Rs 617. These are illustrative ranges, not point predictions, and actual outcomes can fall outside them.
| Year | Bear Case | Base Case | Bull Case | Assumption |
|---|---|---|---|---|
| 2027 | Rs 665 | Rs 730 | Rs 790 | 5% to 18% CAGR on CMP |
| 2028 | Rs 695 | Rs 820 | Rs 935 | 5% to 18% CAGR on CMP |
| 2030 | Rs 770 | Rs 1,030 | Rs 1,300 | 5% to 18% CAGR on CMP |
In the base case scenario of this Triveni Turbine share price forecast, the 2030 level works out to roughly Rs 1,030, implying steady compounding from today’s levels. The bull case of Rs 1,300 assumes industrial capex revival delivers ahead of expectations, while the bear case of Rs 770 captures a scenario where growth stalls. That is an outcome band of about 25 percent to 111 percent over the period.
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Bull Case vs Bear Case for Triveni Turbine Share Price
The Bull Case
The optimistic Triveni Turbine share price forecast assumes industrial capex revival, exports to developed markets and a growing high margin aftermarket service business. Combined with supportive sector conditions, this could lift both earnings and the valuation multiple, pushing the stock toward Rs 1,300 by 2030.
The Bear Case
The cautious view centres on the fact that industrial capex cycles and competition from global turbine makers in export markets are key risks. If these pressures dominate, the Triveni Turbine share price forecast would skew toward the lower band and the stock could stagnate near Rs 770 even by 2030, underperforming broader indices.
Key Risks That Could Change the Triveni Turbine Share Price Outlook
- Execution risk: Delays in strategy execution or capacity plans would push the earnings trajectory below the base case assumed in this Triveni Turbine share price forecast.
- Valuation risk: At a PE of 54.3, any earnings disappointment can trigger sharp multiple compression before fundamentals stabilise.
- Sector risk: Industrial capex cycles and competition from global turbine makers in export markets are key risks.
- Macro risk: A global slowdown, adverse FII flows or unexpected rate moves would compress equity valuations across the market.
- Regulatory risk: Policy, tax or compliance changes affecting the sector can alter the earnings outlook with little warning.
Is Triveni Turbine Worth Watching for the Long Term?
For long term investors, the relevant question is not just where the Triveni Turbine share price forecast lands in 2030 or what any single Triveni Turbine share price forecast says today, but whether the business can compound capital through cycles. The company’s positioning around industrial capex revival gives it a credible growth story, while the risks outlined above define what must be monitored each quarter.
Investors should track quarterly earnings, management commentary and sector data rather than anchoring to any single number from a Triveni Turbine share price outlook. Historically, staying focused on business fundamentals has served investors better than chasing price targets, and consulting a SEBI registered advisor before investing remains the prudent approach.
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Conclusion
The Triveni Turbine share price forecast for the next 3 years spans Rs 770 to Rs 1,300 by 2030 under the scenarios discussed, with a base case near Rs 1,030. Any credible Triveni Turbine share price forecast must be updated as facts change, and the path will be decided by earnings delivery, industrial capex revival and the broader market environment. Treat these ranges as a framework for thinking, not a promise of outcomes, and revisit the assumptions as new results come in. Consult a SEBI registered investment advisor before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What is the Triveni Turbine share price forecast for the next 3 years?
Ans. The Triveni Turbine share price forecast for the next 3 years is scenario based rather than a single number. By 2030, the illustrative range spans Rs 770 in the bear case to Rs 1,300 in the bull case, with a base case near Rs 1,030, depending on earnings delivery and market conditions.
What is the Triveni Turbine share price forecast for 2027?
Ans. For 2027, the scenario range works out to Rs 665 to Rs 790, with a base case around Rs 730. This assumes compounding on the current price of Rs 617 and is illustrative, not a guaranteed outcome.
What is the Triveni Turbine share price forecast for 2028?
Ans. The 2028 scenario range is Rs 695 to Rs 935, with the base case near Rs 820. Actual levels will depend on earnings growth, sector trends and overall market valuations at the time.
What is the current share price of Triveni Turbine?
Ans. As of 10 July 2026, Triveni Turbine trades at around Rs 617 on the NSE, within a 52 week range of Rs 428 to Rs 788. Prices change continuously during market hours, so check live quotes before acting.
Is Triveni Turbine a good stock for the long term?
Ans. Triveni Turbine has a credible long term story built on industrial capex revival, but it also carries risks since industrial capex cycles and competition from global turbine makers in export markets are key risks. Long term suitability depends on your risk profile and portfolio, so consult a SEBI registered investment advisor before investing.
What is the Triveni Turbine share price outlook for 2030?
Ans. The Triveni Turbine share price outlook for 2030 spans Rs 770 to Rs 1,300 across bear and bull scenarios. Where the stock actually lands will be driven by profit growth, valuation multiples and macro conditions closer to that date.
What are the key risks to the Triveni Turbine share price forecast?
Ans. The main risks are execution delays, valuation compression from the current PE of 54.3, sector specific pressures, macro shocks and regulatory changes. Any of these can push the stock below the base case scenario discussed in this article.