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.


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.

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