Share price of Trent falls as Sensex drops 1016.28 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 3.22 per cent to Rs 4495.75 at 02:10PM (IST) in Friday's trade. The counter has hit a high of Rs 4697.2 and low of Rs 4481.2 so far during the session. The stock had closed at Rs 4645.75 in the previous session.The counter has had a total traded volume of 26440 shares so far with a value of Rs 12.01 crore on the . It traded at a price-to-earnings multiple of 183.09 and a price-to-book ratio of 34.51.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 223.14 per cent during the past one year, while the 30-share index advanced 23.0 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 company reported consolidated net sales of Rs 3374.57 crore for the quarter ended 31-Mar-2024, down 4.86 per cent from the previous quarter's Rs 3546.95 crore and down 48.79 per cent from the year-ago quarter's Rs 2268.06 crore.
Profit for the latest quarter stood at Rs 704.23 crore, up 1200.28 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
