Trent shares drop 0.03% as Sensex falls
Trent Ltd. traded 0.03 per cent down at Rs 3065.2 at 11:36AM (IST) on Monday, even as BSE benchmark Sensex dropped 233.51 points to 71792.64.
The stock had closed at Rs 3066.4 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 3108.45 and Rs 1155.1, respectively.
As per BSE data, total traded volume on the counter till 11:36AM (IST) stood at 11:36AM shares with turnover at Rs 1.72 crore.
At the prevailing price, shares of the company trades at 172.28 times its trailing 12-month EPS of Rs 17.7 per share and 18.83 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.62.
Shareholding Details Promoters held 37.01 per cent stake in the company as of 30-Sep-2023, while FIIs owned 26.17 per cent and DIIs 14.89 per cent.
