Share price of Trent falls as Sensex drops 446.23 points

economictimes.indiatimes.com:

Trent Ltd. dropped 0.69 per cent to Rs 3889.75 at 11:21AM (IST) in Tuesday's trade. The counter has hit a high of Rs 3931.65 and low of Rs 3870.0 so far during the session. The stock had closed at Rs 3916.8 in the previous session.
The counter has had a total traded volume of 3961 shares so far with a value of Rs 1.54 crore on the NSE. It traded at a price-to-earnings multiple of 165.27 and a price-to-book ratio of 18.83.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 198.18 per cent during the past one year, while the 30-share index advanced 23.61 per cent during the same period.
Trent Ltd. belongs to the Retail — Apparel/Accessories industry.
Promotor/FII Holding Promoters held 37.01 per cent stake in the company as of 31-Dec-2023, while FIIs and domestic institutional investors ownership stood at 25.91 per cent and 9.21 per cent, respectively.
Key Financials The firm reported consolidated sales of Rs 3546.95 crore for the quarter ended 31-Dec-2023, up 15.82 per cent from the previous quarter's Rs 3062.47 crore and up 49.96 per cent from the year-ago quarter's Rs 2365.24 crore.
Profit for the latest quarter stood at Rs 374.36 crore, up 124.17 per cent from the same quarter a year ago.