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F&O data shows, on Friday Aarti Industries, Aurobindo Pharma and Trent saw a dip in share price alongside rise in open interest; thus implying short build-up at these counters.
Trent share price: Despite the recent fall, Trent share price has outperformed market thus far in the calendar year 2024, by zooming 110 per cent as against 10 per cent gain in the benchmark index
Tata Group retail firm Trent Ltd on Thursday reported a 46.9 per cent growth in its consolidated net profit to Rs 335.06 crore for the second quarter ended September 2024. The company had posted a consolidated net profit of Rs 228.06 crore a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under the brands like Westside, Zudio and Star. Its consolidated revenue from operations increased 39.37 per cent to Rs 4,156.67 crore during the quarter under review. It was Rs 2,982.42 crore in the year-ago period, it added. Trent's total expenses rose 48.49 per cent to Rs 3,743.61 crore in the September quarter. As of September 30, Trent was operating 226 Westside, 577 Zudio and 28 stores across other lifestyle concepts, the company said in an earning statement. "During the quarter, we opened 7 Westside and 34 Zudio stores (including 1 in Dubai) across 27 cities. We also consolidated 9 Westside and 16 Zudio stores," it added. Its Chairman Noel N Tata sa
Revenue from operations rose 39.4 per cent to Rs 4,156.67 crore in Q2 compared to the same period last year
Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust
Trent's market cap touched Rs 2.96 trillion in the intraday deals, and is 1.5 per cent away from Rs 3-trillion milestone
In Q2FY25, Dixon Technologies; revenue may rise 91 per cent Y-o-Y on robust growth in mobiles & new acquisition, according to analysts at Elara Capital
Trent shares hit a new high of Rs 7,939.90, following a 4% rally on the NSE after Citi initiated coverage on the stock with a 'Buy' rating and a target price of Rs 9,250.
Global investor Siddhartha Yog on Monday acquired over 10 lakh shares worth Rs 718 crore of Tata Group retail firm Trent Ltd through an open market transaction. Yog is the founding partner of Xander Group Inc, an emerging markets-focused investment firm that currently manages assets of more than USD 3 billion. According to the block deal data available on the National Stock Exchange, Siddhartha Yog bought 10,09,200 shares, amounting to a 0.3 per cent stake in Trent. The shares were purchased at an average price of Rs 7,115 apiece, taking the transaction value to Rs 718.04 crore. The data showed that Dodona Holdings offloaded the same number of shares at Rs 7,115 apiece. Shares of Trent fell 0.09 per cent to close at Rs 7,151.95 per piece on the NSE. Last month, Siddhartha Yog acquired a total of 9.48 lakh shares or 0.27 per cent stake of fashion and lifestyle company Trent from Dodona Holdings Ltd through separate block deals for a combined value of Rs 649 crore. The shares were
Trent share price hit a new high of Rs 7,325 in the intraday trade, zooming 261% in the past 10 months
Multibagger stocks: Trent share price has rallied more than 100 per cent for a second straight calendar year
Granules, MCX, Colgate, Trent, Dr.Reddy's, Glenmark Pharma, Voltas, Lupin, Tech Mahindra, Coromandel International and Balrampur Chini among F&O stocks are holding a PCR in excess of 1, shows F&O data
Dressing the part: Cuts a sharp figure on retail runway while peers falter
In the past one year, the stock price of Trent has zoomed 231 per cent, as compared to 23 per cent rise in the BSE Sensex.
Retailers noted that shrinkage is most pronounced in apparel, footwear, and fashion categories, with the next highest rates observed in gadgets such as mobile phones, smartwatches, and headphones
Tata Group's fashion chain appeals to young Indians looking to refresh their wardrobe regularly, says annual report of parent company Trent
Sharp decline in interest costs (lease-related) and higher income from associates (including Zara) helped growth in net profit, which was ahead of estimates
Trent stock price update: Shares of Trent hit a new high of Rs 4,669.95 as they rallied 7 per cent on the BSE in Tuesday's intraday trade
Tata group's retail arm Trent Ltd on Monday reported a multi-fold increase in consolidated net profit at Rs 712.09 crore for the fourth quarter ended March 2024, helped by exceptional item gains. The company had posted a consolidated net profit of Rs 44.95 crore in the January-March quarter a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under the brand names -- Westside, Zudio and Star. Its consolidated revenue from operations was up 51 per cent to Rs 3,297.70 crore during the quarter under review. It was at Rs 2,182.75 crore in the year-ago period, it added. During the quarter, Trent had a gain of Rs 576.07 crore as it "reassessed the estimates of measurement and recognition of the right of use assets including related security deposits and corresponding lease liabilities" of lease contracts for its store operations. Trent's total expenses were higher at 39.21 per cent in the March quarter to Rs 3,073.54 crore in FY24. "Given the account
The company's market cap crossed Rs 1.5 trillion mark for the first time to hit Rs 1.51 trillion in intraday trade today