Trent Ltd. fell 1.02 per cent to Rs 2085.0 in Tuesday's session as of 01:40PM (IST) even as the equity benchmark Sensex traded 285.87 points higher at 66452.8.
Earlier in the day, the stock witnessed a gap up start to the session.
The stock quoted a 52-week high price of Rs 2185.3 and a 52-week low of Rs 1155.1 on NSE. Around 4330 shares changed hands on the counter till 01:40PM (IST).
The stock opened at Rs 2113.5 and has touched an intraday high and low of Rs 2116.9 and Rs 2082.7 during the session so far.
The counter quoted a price-to-earnings (PE) ratio of 152.27, earnings per share (EPS) of Rs 13.72 and price to book value (PB) of 18.83, while the return on equity (ROE) stood at Rs 17.13.
Promoter/ FII Holding
The promoters held 37.01 per cent stake in the company as of October 17, while FII and MF ownerships stood at 26.17 per cent and 8.44 per cent, respectively.
Key Financials With a market capitalisation of Rs 74256.0 crore, the company operates in the Retail — Apparel/Accessories industry.
For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 2680.39 crore, up 18.18 per cent from the previous quarter?s Rs 2268.06 crore and up 45.12 per cent from the same quarter a year ago. The company reported net profit of Rs 173.48 crore for the latest quarter, up 32.92 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 53.84.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition when it is below 30. Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just
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