Trent gains after decent Q1 results

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Capital Market
Last Updated : Aug 01 2019 | 11:31 AM IST

Trent rose 4.13% to Rs 413.70 at 10:20 IST on BSE after consolidated net profit rose 4.7% to Rs 37.58 crore on a 30.1% rise in net sales to Rs 799.88 crore in Q1 June 2019 as compared with Q1 June 2018.

The result was announced after market hours yesterday, 31 July 2019.

Meanwhile, S&P BSE Sensex was down 273.89 points or 0.73% at 37,207.73.

On BSE, 19,000 shares were traded in Trent counter, compared to a 2-week average of 6,692 shares. The stock hit an intraday high of Rs 415.40 and an intraday low of Rs 403. It hit a 52-week high of Rs 464.35 on 2 July 2019 and a 52-week low of Rs 313 on 11 December 2018.

Trent is engaged in the retail sale of readymade garments. The company's segments include retailing and others. It primarily operates stores across three formats: Westside, Star and Landmark.

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First Published: Aug 01 2019 | 10:49 AM IST

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