Trent share price down 0.1 per cent
A total of 13,795 shares changed hands on the counter till 12:27PM (IST).
Shares of traded 0.1 per cent up at Rs 5021.85 at around 12:27PM (IST) on Thursday. The stock had closed at Rs 5027.0 in the previous session. Equity benchmark traded 266.55 points higher at 76873.12 around the same time. The scrip has climbed 214.69 per cent in the last one year till date, while the 30-share index has gained 22.76 per cent during the same period.
The stock's 52-week high price stood at Rs 5165.05 and the 52-week low price at Rs 1591.2.
Trading volume on the counter stood at 13,795 shares, while it quoted a price-to-earnings ratio of 123.49, an EPS value of 41.82 and a price-to-book value of 34.51. In the Nifty50 pack, 31 stocks traded in the green, while 19 stocks were in the red.
Promoter/FII Holding
Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while FII and MF ownership stood at 26.81 per cent and 8.72 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 3374.57 crore, down 4.86 per cent from the previous quarter's Rs 3546.95 crore and down 48.79 per cent from the year-ago quarter's Rs 2268.06 crore. The company reported net profit of Rs 704.23 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 5165.05 and the 52-week low price at Rs 1591.2.
Trading volume on the counter stood at 13,795 shares, while it quoted a price-to-earnings ratio of 123.49, an EPS value of 41.82 and a price-to-book value of 34.51. In the Nifty50 pack, 31 stocks traded in the green, while 19 stocks were in the red.
Promoter/FII Holding
Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while FII and MF ownership stood at 26.81 per cent and 8.72 per cent, respectively.
Key Financials
For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 3374.57 crore, down 4.86 per cent from the previous quarter's Rs 3546.95 crore and down 48.79 per cent from the year-ago quarter's Rs 2268.06 crore. The company reported net profit of Rs 704.23 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
