Share price of Trent falls as Nifty weakens

economictimes.indiatimes.com:

Trent Ltd. slipped 0.46 per cent to Rs 1701.3 in Tuesday's trade as of 01:19PM (IST).

The stock hit a high price of Rs 1715.95 and low of Rs 1692.15 during the session. The return on equity (ROE) for the stock stood at 17.13 per cent.

Traded volume on the counter stood at 01:19PM shares and turnover at Rs 111.0 crore around that time. The stock of Trent Ltd.

quoted a 52-week high and 52-week low prices of Rs 1791.6 and Rs 1155.1, 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 30-Jun-2023, while foreign investors held 25.01 per cent and domestic institutional investors had 15.81 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.