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    Trent shares rise 1.32% as Sensex slides

    Synopsis

    A total of 11,674 shares changed hands on the counter till 10:56AM (IST)

    Stock market-1200ThinkStock Photos
    Shares of the Trent Ltd. traded at Rs 1360.35 on BSE at 10:56AM (IST) on Thursday, up 1.32 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 983.7 and a high of Rs 1571.0.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 11,674 lakh shares changed hands on the counter till 10:56AM (IST).

    The stock of Trent Ltd. commands a market value of Rs 48204.1 crore.

    The stock traded at a price-to-earning (P/E) multiple of 123.38, while the price-to-book value ratio stood at 19.19. Return on equity (ROE) was at 4.47 per cent, according to exchange data.

    In the BSE500 pack, 257 stocks traded in the green, while 243 stocks were in the red.

    Promotor Holding
    Promoters held 37.01 per cent in the Trent Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 24.76 per cent and 16.03 per cent, respectively.
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