Share price of Trent falls as Nifty weakens
A total of 23,059 shares changed hands on the counter till 11:26AM (IST).
Shares of slipped 2.44 per cent to Rs 4549.95 in Tuesday's trade as of 11:26AM (IST).The stock hit a high price of Rs 4679.95 and low of Rs 4495.0 during the session.
The return on equity (ROE) for the stock stood at 36.55 per cent. Traded volume on the counter stood at 11:26AM shares and turnover at Rs 10.56 crore around that time.
The stock of quoted a 52-week high and 52-week low prices of Rs 4799.3 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 FIIs 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.
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Source: Stocks-Markets-Economic Times
