Trent declines 0.05% as Sensex climbs
Trent Ltd. traded at Rs 3066.5 on BSE at 11:36AM (IST) on Friday, down 0.05 per cent from previous close.
The stock quoted a 52-week low price of Rs 1155.1 and a high of Rs 3108.45.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 4,761 lakh shares changed hands on the counter till 11:36AM (IST).
The stock of Trent Ltd.
commanded a market value of Rs 108683.18 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 172.69, while the price-to-book value ratio stood at 18.83. Return on equity (ROE) was at 17.13 per cent, according to exchange data.
In the BSE500 pack, 249 stocks traded in the green, while 252 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 0.62.
Promotor/FII Holding Promoters held 37.01 per cent in Trent Ltd.
as of 30-Sep-2023 while foreign portfolio investors and domestic institutional investors owned 26.17 per cent and 8.44 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 1964.5 on January 05, while the 50-DMA was at 2699.23. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
