Trent shares down 1.39% as Nifty gains
A total of 9,124 shares changed hands on the counter till 01:38PM (IST).
NEW DELHI: Shares of traded 1.39 per cent down in Friday's trade at 01:38PM (IST). Around 9,124 shares changed hands on the counter.The counter opened at Rs 4660.2 and touched an intraday high and low of Rs 4683.35 and Rs 4505.05, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 4799.3 and a 52-week low of Rs 1548.15.
As per , the total market cap of the . stood at Rs 164408.71 crore at the time of writing this report.
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.
The net profit for latest quarter stood at Rs 704.23 crore, up 1200.28 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, domestic institutional investors held 8.72 per cent stake in the firm, while foreign institutional investors held 26.8 per cent and the promoters 37.01 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 110.58 and a price-to-book ratio of 34.51. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Source: Stocks-Markets-Economic Times
