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Trent allots commercial paper worth Rs 100 crore

19 Feb 2018 Evaluate

Trent has issued and allotted Commercial Paper of an amount of Rs 100 crore. The proceeds will primarily be used to refinance existing borrowings.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.

Peers
Company Name CMP
Avenue Supermarts 3631.90
Trent 2888.00
Vishal Mega Mart 100.15
PN Gadgil Jewellers 596.60
Aditya Birla Life 73.50
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