Share price of Trent falls as Sensex gains 637.16 points
Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 26.8 per cent and 8.72 per cent, respectively.
The share price of dropped 0.06 per cent to Rs 4301.9 at 12:17PM (IST) in Monday's trade. The counter has hit a high of Rs 4383.85 and low of Rs 4242.45 so far during the session. The stock had closed at Rs 4304.75 in the previous session.The counter has had a total traded volume of 17190 shares so far with a value of Rs 7.41 crore on the . It traded at a price-to-earnings multiple of 183.09 and a price-to-book ratio of 18.83.
A higher P/E 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 214.73 per cent during the past one year, while the 30-share index advanced 24.28 per cent during the same period.
belongs to the Retail - Apparel/Accessories industry.
Promotor/FII Holding
Promoters held 37.01 per cent stake in the company as of 31-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 26.8 per cent and 8.72 per cent, respectively.
Key Financials
The firm reported consolidated 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.
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
