Share price of Trent  falls  as Nifty  strengthens

A total of 5,951 shares changed hands on the counter till 01:03PM (IST).

Shares of slipped 0.21 per cent to Rs 4862.6 in Friday's trade as of 01:03PM (IST).

The stock hit a high price of Rs 4907.35 and low of Rs 4842.15 during the session.

The return on equity (ROE) for the stock stood at 36.55 per cent. Traded volume on the counter stood at 01:03PM shares and turnover at Rs 2.9 crore around that time.

The stock of quoted a 52-week high and 52-week low prices of Rs 4929.95 and Rs 1582.8, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.62.

Promotor/FII Holding
Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while foreign investors held 26.81 per cent and domestic institutional investors had 13.89 per cent.

Key Financials
The company reported consolidated sales of Rs 3374.57 crore for the quarter ended 31-Mar-2024, down 4.86 per cent from previous quarter's Rs 3546.95 crore and down 48.79 per cent from the year-ago quarter's Rs 2268.06 crore.

Net profit after tax for the latest quarter stood at Rs 704.23 crore, up 1200.28 per cent from the same quarter a year ago.

Source: Stocks-Markets-Economic Times

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