Trent rises on issuing commercial paper worth Rs 100 crore

17 Jan 2019

Trent is currently trading at Rs. 351.55, up by 0.10 points or 0.03% from its previous closing of Rs. 351.45 on the BSE.

The scrip opened at Rs. 353.25 and has touched a high and low of Rs. 353.25 and Rs. 349.50 respectively. So far 218 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 391.75 on 28-Aug-2018 and a 52 week low of Rs. 290.00 on 05-Feb-2018.

Last one week high and low of the scrip stood at Rs. 359.40 and Rs. 348.00 respectively. The current market cap of the company is Rs. 11659.33 crore.

The promoters holding in the company stood at 32.61%, while Institutions and Non-Institutions held 38.81% and 28.57% respectively.

Trent has issued and allotted Commercial Paper of an amount of Rs 100 crore. The proceeds will primarily be used towards working capital requirements.

Trent is part of the Tata Group and is engaged in business of retailing.

Related Trent Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323