Share price of Trent falls as Sensex drops 243.99 points
A total of 6,789 shares changed hands on the counter till 01:59PM (IST)
Share price of dropped 1.7 per cent to Rs 3881.0 at 01:59PM (IST) in Tuesday's trade. The scrip hit a high of Rs 3939.55 and low of Rs 3865.5 so far during the session. The stock had closed at Rs 3948.45 in the previous session.The counter had a total traded volume of 01:59PM shares so far with a turnover of Rs 2.64 crore on . The stock traded at a price-to-earnings multiple of 164.81 and a price-to-book ratio of 18.83.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
Promotor/FII Holding
Promoters held 37.01 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 25.91 per cent and 14.82 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 3546.95 crore for the quarter ended 31-Dec-2023, up 15.82 per cent from the previous quarter's Rs 3062.47 crore and up 49.96 per cent from the year-ago quarter's Rs 2365.24 crore.
Its profit for the latest quarter stood at Rs 374.36 crore, up 124.17 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
