Trent shares up 0.19% as Nifty drops
A total of 2,833 shares changed hands on the counter till 10:30AM (IST).
NEW DELHI: Shares of traded 0.19 per cent up in Tuesday's trade at 10:30AM (IST). Around 2,833 shares changed hands on the counter.The stock opened at Rs 3956.2 and touched an intraday high and low of Rs 4033.15 and Rs 3923.1, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 4243.65 and a 52-week low of Rs 1307.05.
As per , the total market cap of the . stood at Rs 141866.16 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 3546.95 crore for the quarter ended 31-Dec-2023, up 15.82 per cent from previous quarter's Rs 3062.47 crore and up 49.96 per cent from the year-ago quarter's Rs 2365.24 crore.
The net profit for latest quarter stood at Rs 374.36 crore, up 124.17 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2023, domestic institutional investors held 9.21 per cent stake in the firm, while foreign institutional investors held 25.91 per cent and the promoters 37.01 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 169.55 and a price-to-book ratio of 18.83. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
. belongs to the Retail - Apparel/Accessories industry.
Source: Stocks-Markets-Economic Times
