Trent shares down 0.36% as Nifty drops
A total of 11,524 shares changed hands on the counter till 10:55AM (IST).
NEW DELHI: Shares of traded 0.36 per cent down in Thursday's trade at 10:55AM (IST). Around 11,524 shares changed hands on the counter.The stock opened at Rs 4538.55 and touched an intraday high and low of Rs 4550.0 and Rs 4461.65, respectively, in the session so far. The stock of quoted a 52-week high of Rs 4697.2 and a 52-week low of Rs 1423.95.
Total market cap of the . stood at Rs 159952.64 crore at the time of writing this report.
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 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, DIIs held 8.72 per cent stake in the company, while foreign institutional investors held 26.81 per cent and the promoters 37.01 per cent.
Valuation ratio
According to data, the stock traded at a P/E multiple of 183.09 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
