Trent Shares Gain 0.04% as Sensex Rises

Trent Shares Gain 0.04% as Sensex Rises

Shares of Trent Ltd. traded 0.04% higher at Rs 3884.0, while the BSE benchmark Sensex gained 577.57 points to reach 73047.87. Trent Ltd. had settled at Rs 3882.15 in the previous trading session. The stock has a 52-week high of Rs 4243.65 and a 52-week low of Rs 1287.4. According to BSE data, the total traded volume on Trent Ltd. shares stood at 12:02PM shares with a turnover of Rs 2.86 crore. The stock is currently trading at 164.84 times its trailing 12-month EPS of Rs 23.54 per share and 18.83 times its price-to-book value, indicating investors’ positive growth expectations. The Beta value of the stock, which measures its volatility in relation to the broader market, is 0.62. In terms of shareholding, promoters hold 37.01% stake in the company as of 31-Dec-2023, while FIIs own 25.91% and DIIs have 14.82% ownership. Read more for further insights on Trent Ltd.’s performance.

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