MoneyWorks4Me

Trent raises over Rs 1,000 crore via preferential allotment

09 Aug 2019 Evaluate

Trent has raised over Rs 1,000 crore through preferential allotment of shares to its promotor Tata Sons. Tata Sons' stake in Trent has increased to 32.45% after preferential allotment of 2.31 crore or 6.52% shares.

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

Peers
Company Name CMP
Avenue Supermarts 3599.80
Trent 2879.00
Vishal Mega Mart 97.20
PN Gadgil Jewellers 585.95
Aditya Birla Life 71.98
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