Triveni Turbine in focus after Q2 profit falls 41.6%

Triveni Turbine Q2 profit fell 41.6% to Rs 53.3 crore. The stock is at 514.35, with support at 483 and resistance at 528. Triveni Turbine Limited [ TRITURBINE ] is in focus on 12 November 2026 after its Q2 consolidated results. Profit fell 41.6% year on year to Rs 53.3 crore, against Rs 91.2 crore. Revenue declined 3% to Rs 491 crore from Rs 506.2 crore. The stock was up 2.26% at Rs 514.35 in the session. On the daily chart, the trend was bearish, with price falling from the June high near 790 to about 435 in October. Price has recovered since 23 October. The day’s range of 504.30 to 517.75 shows buyers defending the 500 zone, and RSI at 55.31 is above its average of 40.32. In my view, the recovery holds while price stays above 483. A move above 528 would extend the bounce. A close below 483 would bring the bearish trend back into view, and a weak reaction to the results could test that level. Stance: cautiously bullish above 483, with 528 as the key resistance. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.