The Economic Times daily newspaper is available online now.

    Share price of Trent rises as Nifty strengthens

    Synopsis

    A total of 6,548 shares changed hands on the counter till 12:24PM (IST).

    Trading guideGetty Images
    Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
    Shares of Trent Ltd. gained 0.46 per cent to Rs 1732.4 in Monday's trade as of 12:24PM (IST).

    The stock hit a high price of Rs 1736.15 and low of Rs 1711.85 during the session.

    The return on equity (ROE) for the stock stood at 17.13 per cent. Traded volume on the counter stood at 12:24PM shares and turnover at Rs 1.13 crore around that time.

    The stock of Trent Ltd. quoted a 52-week high and 52-week low prices of Rs 1744.55 and Rs 1009.95, respectively.

    The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.62.

    Promotor/FII Holding
    Promoters held 37.01 per cent stake in the company as of 31-Mar-2023, while overseas investors held 24.43 per cent and domestic institutional investors had 16.03 per cent.

    Key Financials
    The company reported consolidated sales of Rs 2268.06 crore for the quarter ended 31-Mar-2023, down 4.11 per cent from previous quarter's Rs 2365.24 crore and down 65.19 per cent from the year-ago quarter's Rs 1372.97 crore.

    Net profit after tax for the latest quarter stood at Rs 54.16 crore, up 33750.0 per cent from the same quarter a year ago.
    Experience Your Economic Times Newspaper, The Digital Way!
    • Front Page
    • Pure Politics
    • Companies
    • ET Markets
    • More
      (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

      Download The Economic Times News App to get Daily Market Updates & Live Business News.

      Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
      ...more
      The Economic Times

      Stories you might be interested in