Share price of Trent jumps as Sensex gains 291.58 points

economictimes.indiatimes.com:

Trent Ltd. gained 1.42 per cent to Rs 4658.9 at 01:23PM (IST) in Friday's trade. The counter hit a high of Rs 4674.9 and low of Rs 4556.8 so far during the session. The stock had closed at Rs 4593.4 in the previous session.
The counter had a total traded volume of 01:23PM shares so far with a turnover of Rs 7.16 crore on BSE. The stock traded at a price-to-earnings multiple of 183.09 and a price-to-book ratio of 34.51.

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-Mar-2024, while overseas investors and domestic institutional investors ownership stood at 26.81 per cent and 13.89 per cent, respectively.
Key Financials The company reported consolidated net sales of Rs 3374.57 crore for the quarter ended 31-Mar-2024, down 4.86 per cent from the previous quarter's Rs 3546.95 crore and down 48.79 per cent from the year-ago quarter's Rs 2268.06 crore.
Its profit for the latest quarter stood at Rs 704.23 crore, up 1200.28 per cent from the same quarter a year ago.