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
Noel Tata Chairman Tata Trusts: At 1:44 PM, Trent share price was ruling 2.8 per cent higher, Tata Chemicals share price was up 2.35 per cent, Tata Steel 0.7 per cent, and Tata Motors 0.17 per cent
Derivatives market update Oct 10: FIIs open positions in Bank Nifty up over 200% since the start of Oct; overall long-short ratio in index futures now at lowest level since June.
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
Trent's addition to Nifty will take the total count of Tata group stocks in the 50-share index to six
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
Tata Group retail firm Trent Ltd on Friday reported a two-fold increase in consolidated net profit to Rs 391.21 crore for the first quarter ended June 2024. The company had posted a consolidated net profit of Rs 166.67 crore for April-June period a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under brand names Westside, Zudio and Star. Revenue from operations was up 56.15 per cent to Rs 4,104.44 crore during the quarter under review as against Rs 2,628.37 crore in the year-ago period, it added. Total expenses increased 48.49 per cent in the June quarter to Rs 3,704.61 crore. Total income was at Rs 4,150.40 crore, up 54.84 per cent year-on-year. As of June 30, Trent was operating 228 Westside, 559 Zudio and 36 stores across other lifestyle concepts, said an earning statement from the company. "During the quarter, we opened 6 Westside and 16 Zudio stores across 12 cities," it said adding "we continued to expand our footprint across all our
Overall, the operating earnings before interest and tax (EBIT) margin improved to 10.6 per cent for Q1FY25 against 7.8 per cent for Q1FY24.
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.