Trent shares hit 52-week high after robust Q4 results
The Tata Group company reported a multifold increase in consolidated net profit to ₹712 crore in the March quarter of FY24 as compared to ₹370.64 crore in the same period of FY23.
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Nykaa, ACC, HDFC AMC, Indus Towers, Page Ind shares fall up to 3% on exclusion from Nifty Next 50
PNB, Trent, TVS Motor, Shriram Finance, and Zydus Lifesciences will replace these five stocks in the Nifty Next 50 index, effective from September 29, 2023.
Tata-owned Trent drops 3% as pocket-friendly Zudio hits margins
The decline in gross margin can be attributed to the increased revenue share from Zudio, says ICICI Securities.
This Tata Group stock surges 8% post Q3; do you own it?
The stock currently trades 16% lower than its 52-week high of ₹1,571, while it has risen 35% against its 52-week low of ₹983.70.
Why are Tata group shares Voltas, Trent trading higher?
Shares of Voltas rose as much as 4.25% to touch an intraday high of ₹1,325, while Trent rallied 8.5% to hit a 52-week high of ₹1,274.1 on the BSE.
This Tata group multibagger stock rallied 435% in 5 years, 1,266% in 10 years
This Tata group retail firm has generated 435% returns in the last five years, surging from ₹214 on January 12, 2017, to ₹1,168 per share in intraday trade today
