Share price of Trent rises as Nifty strengthens
A total of 14,906 shares changed hands on the counter till 11:57AM (IST).
Shares of gained 2.89 per cent to Rs 4060.0 in Thursday's trade as of 11:57AM (IST).The stock hit a high price of Rs 4062.55 and low of Rs 3873.9 during the session.
The return on equity (ROE) for the stock stood at 17.13 per cent. Traded volume on the counter stood at 11:57AM shares and turnover at Rs 5.95 crore around that time.
The stock of quoted a 52-week high and 52-week low prices of Rs 4243.65 and Rs 1287.4, 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-Dec-2023, while foreign investors held 25.91 per cent and domestic institutional investors had 14.82 per cent.
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.
Net profit after tax 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
