Triveni Glass Ltd. (TRIVENIGQ) Share Price Surges 19.95% Today

Triveni Glass Ltd. Share Price surged 19.95% today, marking a significant gain in the micro-cap category.

Triveni Glass Ltd. Share Price experienced a remarkable surge today, closing at Rs 9.56, up from the previous close of Rs 7.97. This 19.95% increase positions Triveni Glass Ltd. as a top gainer in the micro-cap category, which required a minimum threshold of 8.1% for significant price movements. With a current market capitalisation of Rs 10.06 crore, this price action has captured the attention of investors and analysts alike.

The stock opened and closed at Rs 9.56, reaching a day high and low of the same value, indicating a strong upward momentum throughout the trading session. The total volume of shares traded on the BSE was 64,144, with a turnover of Rs 0.06 crore, reflecting heightened investor interest in the stock.

Triveni Glass Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 9.56
Previous Close	Rs 7.97
Today's Change	+Rs 1.59 (+19.95%)
Day Open	Rs 9.56
Day High	Rs 9.56
Day Low	Rs 9.56
Current Volume (BSE)	64,144
BSE Traded Volume	64,144
Combined NSE + BSE Volume	64,144
Turnover	Rs 0.06 crore
Market Capitalisation	Rs 10.06 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today’s trading session saw Triveni Glass Ltd. achieving a significant price rise, closing at Rs 9.56, a 19.95% increase from its previous close of Rs 7.97. The stock opened at Rs 9.56 and maintained this price throughout the day, marking it as both the day’s high and low. This consistent price level suggests strong buying interest and limited selling pressure.

As a micro-cap stock, Triveni Glass Ltd. had to surpass an 8.1% threshold to qualify as a significant price mover. Today’s 19.95% gain far exceeds this requirement, highlighting the stock’s standout performance. The total volume of 64,144 shares traded on the BSE indicates a robust level of participation, with a turnover of Rs 0.06 crore.

This price action places Triveni Glass Ltd. among the top gainers in its category, drawing attention from market participants. The consistent price level throughout the day suggests a strong demand for the stock, potentially driven by investor optimism or strategic buying.

Triveni Glass Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 10.06 crore
P/E Ratio	42.48x
P/B Ratio	0.18x
ROE	0.33%
ROCE	0.23%
EPS	Rs -0.59
Book Value Per Share	Rs 44.94
Dividend Yield	0%

Triveni Glass Ltd. was valued at a P/E ratio of 42.48x, a P/B ratio of 0.18x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 0.33% and ROCE of 0.23%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs -0.59, book value per share of Rs 44.94, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Triveni Glass Ltd. operates with a market capitalisation of Rs 10.06 crore, placing it in the micro-cap category. The company’s price-to-earnings (P/E) ratio stands at 42.48, which is at the maximum end of its industry benchmark range, indicating a relatively high valuation compared to its peers.

The price-to-book (P/B) ratio is 0.18, significantly lower than the industry median of 2.78, suggesting that the stock is trading at a discount relative to its book value. This could indicate undervaluation or reflect the company’s financial challenges.

The return on equity (ROE) is 0.33%, and the return on capital employed (ROCE) is 0.23%, both of which are substantially below the industry medians of 8.19% and 10.56%, respectively. These figures suggest that the company is generating lower returns on its equity and capital compared to its industry peers.

The earnings per share (EPS) is negative at -0.59, reflecting a loss attributable to each share. The book value per share is Rs 44.94, indicating the accounting net worth behind each share. The company does not currently offer a dividend yield, which may impact income-focused investors.

Sector and Industry Context

Metric	Value
Sector	Construction Materials
Industry	Glass
Benchmark Scope	same industry
Companies in Benchmark	7
Company P/E Ratio	42.48x
Benchmark Median P/E	26.33x
Benchmark Average P/E	24.58x
Benchmark P/E Range	0x to 42.48x
Companies with P/E Data	7
Company P/B Ratio	0.18x
Benchmark Median P/B	2.78x
Company ROE	0.33%
Benchmark Median ROE	8.19%
Company ROCE	0.23%
Benchmark Median ROCE	10.56%
Company Market Capitalisation	Rs 10.06 crore
Benchmark Median Market Cap	Rs 652.28 crore

Triveni Glass Ltd. (TRIVENIGQ) is classified under sector: Construction Materials and industry: Glass. The numerical benchmark uses 7 same industry companies from the supplied master-data set.

Triveni Glass Ltd. (TRIVENIGQ) has a P/E ratio of 42.48x, which is above the benchmark median of 26.33x, a difference of +61.34%. The benchmark contains 7 companies with P/E data, ranging from 0x to 42.48x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Triveni Glass Ltd. (TRIVENIGQ) has a ROE of 0.33%, which is below the benchmark median of 8.19%, a difference of -95.97%. Triveni Glass Ltd. (TRIVENIGQ) has a ROCE of 0.23%, which is below the benchmark median of 10.56%, a difference of -97.82%.

Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Triveni Glass Ltd. operates within the Construction Materials sector, specifically in the Glass industry. The industry comprises seven companies, with Triveni Glass Ltd. being one of them. The industry benchmark P/E median is 26.33, with an average of 24.58, while Triveni Glass Ltd.’s P/E ratio is at the maximum of 42.48, indicating a higher valuation compared to its peers.

The company’s P/B ratio of 0.18 is significantly lower than the industry median of 2.78, suggesting a potential undervaluation. However, the company’s ROE and ROCE are substantially below industry averages, indicating lower profitability and efficiency.

The industry market capitalisation ranges from Rs 28.2 crore to Rs 2042.95 crore, with Triveni Glass Ltd. positioned at the lower end with a market cap of Rs 10.06 crore. This places the company in a competitive landscape where size and scale can impact market positioning and growth opportunities.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Banaras Beads Ltd.	BANARBEADS	79.99	42.48	1.37	5.74	7.26
AGARWAL TOUGH GLASS IND L	AGARWALTUF-SM	259.84	12.03	1.94	71.46	34.91
Haldyn Glass Ltd.	HALDYNGL-BE	652.28	26.33	2.78	7.09	10.45
Sejal Glass Ltd.	SEJALLTD-BE	863.66	30.05	6.58	0	0
Borosil Scientific Ltd.	BOROSCI	1,352.44	39.07	3.14	9.17	12.61

Triveni Glass Ltd. (TRIVENIGQ) has a P/E ratio of 42.48x compared with the displayed peer median of 30.05x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 0.33% compares with a peer median of 7.09% across the companies shown in the table. ROCE stood at 0.23% versus the displayed peer median of 10.45%, providing a capital-efficiency comparison. Triveni Glass Ltd. (TRIVENIGQ) has a market capitalisation of Rs 10.06 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, Triveni Glass Ltd. exhibits a higher P/E ratio of 42.48, matching Banaras Beads Ltd. but exceeding others like AGARWAL TOUGH GLASS IND L with a P/E of 12.03. The company’s P/B ratio of 0.18 is the lowest among its peers, indicating a potential undervaluation.

Triveni Glass Ltd.’s ROE of 0.33% and ROCE of 0.23% are significantly lower than those of AGARWAL TOUGH GLASS IND L, which boasts an ROE of 71.46% and a ROCE of 34.91%. This highlights the company’s challenges in generating returns compared to its peers.

With a market cap of Rs 10.06 crore, Triveni Glass Ltd. is smaller than its peers, such as Haldyn Glass Ltd. with Rs 652.28 crore and Borosil Scientific Ltd. with Rs 1352.44 crore, indicating a more limited market presence.

Why Investors Are Watching Triveni Glass Ltd.

Triveni Glass Ltd. has captured investor attention due to its significant price rise today. The stock’s performance, technical indicators, and fundamental context provide insights into its market position.

• Price Action: 19.95% increase, closing at Rs 9.56.
• Technical Position: Neutral RSI at 49.28.
• Fundamental Context: High P/E ratio of 42.48, low P/B ratio of 0.18.
• Ownership: Monitor for changes in ownership patterns.
• Sector Positioning: Operates in the competitive Glass industry.

Investors should continue to monitor Triveni Glass Ltd. for any developments in its financial performance, market positioning, and strategic initiatives that could impact its share price.

About Triveni Glass Ltd.

Triveni Glass Ltd. operates in the Glass industry within the Construction Materials sector. The company is involved in the manufacturing and distribution of glass products, catering to various industrial and consumer needs. Its product portfolio includes a range of glass types used in construction, automotive, and other applications.

Despite its small market capitalisation of Rs 10.06 crore, Triveni Glass Ltd. competes with larger players in the industry. The company’s focus on innovation and quality positions it as a key player in the Glass sector, although it faces challenges in terms of profitability and market share.

Track Triveni Glass Ltd. Share Price on Univest

Use Triveni Glass Ltd. (TRIVENIGQ) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Triveni Glass Ltd. Share Price on Univest for real-time updates on price movements, technical indicators, and fundamental ratios. Univest provides comprehensive insights into the company’s shareholding pattern, 52-week levels, and market trends, helping investors make informed decisions.

Frequently Asked Questions

What was Triveni Glass Ltd.'s share price today?

Ans. Triveni Glass Ltd.'s share price closed at Rs 9.56 today, marking a 19.95% increase from the previous close of Rs 7.97. The stock moved 19.95% during the session. The intraday range extended from Rs 9.56 to Rs 9.56.

What is the market capitalisation of Triveni Glass Ltd.?

Ans. Triveni Glass Ltd. has a market capitalisation of Rs 10.06 crore, categorising it as a micro-cap company. The company operates in the Construction Materials sector. Its P/E ratio is 42.48x.

How does Triveni Glass Ltd.'s P/E ratio compare to its industry?

Ans. Triveni Glass Ltd.'s P/E ratio of 42.48 is at the maximum end of its industry benchmark range, indicating a higher valuation compared to peers. The company trades at a P/E ratio of 42.48x.

How does Triveni Glass Ltd.'s ROE compare to its industry?

Ans. Triveni Glass Ltd.'s ROE of 0.33% is significantly below the industry median of 8.19%, indicating lower profitability. ROE stands at 0.33%. ROCE stands at 0.23%. The relevant peer median ROE is 8.19%.

What is Triveni Glass Ltd.'s ROCE?

Ans. Triveni Glass Ltd.'s ROCE is 0.23%, substantially below the industry median of 10.56%, reflecting lower capital efficiency. ROE stands at 0.33%. ROCE stands at 0.23%. The relevant peer median ROE is 8.19%.

What sector does Triveni Glass Ltd. operate in?

Ans. Triveni Glass Ltd. operates in the Construction Materials sector, specifically within the Glass industry. The stock belongs to the Construction Materials sector. Its industry classification is Glass. 7 comparable companies were included in the benchmark.

Who are Triveni Glass Ltd.'s peers?

Ans. Triveni Glass Ltd.'s peers include Banaras Beads Ltd., AGARWAL TOUGH GLASS IND L, Haldyn Glass Ltd., Sejal Glass Ltd., and Borosil Scientific Ltd. Comparable listed companies include Banaras Beads Ltd., AGARWAL TOUGH GLASS IND L, Haldyn Glass Ltd.