Share price of Trent jumps as Sensex gains 196.57 points

economictimes.indiatimes.com:

Trent Ltd. gained 1.21 per cent to Rs 3946.0 at 11:36AM (IST) in Wednesday's trade. The stock hit a high of Rs 3963.35 and low of Rs 3905.5 so far during the session. The stock had closed at Rs 3898.8 in the previous session.
The counter had a total traded volume of 11:36AM shares so far with a turnover of Rs 1.89 crore on BSE. The stock traded at a price-to-earnings multiple of 166.71 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 is the measure of the price that investors are ready to pay even for no growth in the business.
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 foreign investors and domestic institutional investors ownership stood at 25.91 per cent and 14.82 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.
Its profit for the latest quarter stood at Rs 374.36 crore, up 124.17 per cent from the same quarter a year ago.