Trent shares up 3.23% as Nifty gains
A total of 27,167 shares changed hands on the counter till 10:15AM (IST).
NEW DELHI: Shares of traded 3.23 per cent up in Thursday's trade at 10:15AM (IST). Around 27,167 shares changed hands on the counter.The counter opened at Rs 3985.0 and touched an intraday high and low of Rs 4148.1 and Rs 3972.1, respectively, in the session so far. Shares of the company of quoted a 52-week high of Rs 4243.65 and a 52-week low of Rs 1307.05.
As per , the total market cap of the . stood at Rs 141791.51 crore at the time of writing this report.
Key Financials
The company reported consolidated net 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.
The net profit for latest quarter stood at Rs 374.36 crore, up 124.17 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2024, DIIs 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 P/E multiple of 169.63 and a price-to-book ratio of 18.83. 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
