Sell Trent, target price Rs 795: HDFC Securities


HDFC Securities has promote name on with a goal value of Rs 795. The present market value of Trent Ltd. is Rs 1114.15.

Time interval given by analyst is one 12 months when Trent Ltd. value can attain outlined goal.

Trent Ltd., integrated within the 12 months 1952, is a Massive Cap firm (having a market cap of Rs 39695.51 Crore) working in Retail sector.

Financials

For the quarter ended 30-06-2021, the corporate reported a Consolidated Whole Earnings of Rs 544.79 Crore, down -44.01 % from final quarter Whole Earnings of Rs 972.99 Crore and up 79.77 % from final 12 months similar quarter Whole Earnings of Rs 303.05 Crore. Firm reported web revenue after tax of Rs -116.56 Crore in newest quarter.

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

(Disclaimer: Suggestions given on this part or any studies connected herein are authored by an exterior occasion. Views expressed are that of the respective authors/entities. These don’t characterize the views of Financial Instances (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, categorical or implied, regarding the identical. Please seek the advice of your monetary adviser and search unbiased recommendation.



Source link

Leave a Reply

Your email address will not be published.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