Finace And Stock

Sell Trent, target price Rs 795: HDFC Securities

HDFC Securities has sell call on with a target price of Rs 795. The current market price of Trent Ltd. is Rs 1114.15.

Time period given by analyst is one year when Trent Ltd. price can reach defined target.

Trent Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 39695.51 Crore) operating in Retail sector.

Financials

For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 544.79 Crore, down -44.01 % from last quarter Total Income of Rs 972.99 Crore and up 79.77 % from last year same quarter Total Income of Rs 303.05 Crore. Company reported net profit after tax of Rs -116.56 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 37.01 per cent stake in the company as of 30-Sep-2021, while FIIs owned 30.13 per cent, DIIs 11.16 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.


Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please Disable the Adblocker