1:10 Split, 985% Jump In 5-Yrs: Buy Tata Stock Post 4.52% Dip In 2-Weeks, TP Rs 4100: Motilal Oswal

Brokerage firm Motilal Oswal has buy on Tata Group stock Trent Ltd with target price of Rs 4100 apiece and keep stock loss at Rs 3830 per share. Last trading price of the specialty retails industry stock on BSE is Rs 3885.75 per share. Trent Ltd share offered attractive return of 87% in last 6-months and gave return of 183% in last 1-year. The company declared 26 dividends since 2001. More details about Trent below:

Trent Share Performance: The 52-week high price of Trent share on BSE is Rs 4243.65 apiece and 52-week low price is Rs 1307.05 apiece, respectively. The company's market capitalisation is Rs 1,38,133.54 crore. Trent shares gave return of 30% in last 3-months, soared 87% in last 6-months, surged 206% in last 2-years, and offered gain of 416% in last 3-years. In last 5-years, Trent stock zoomed 985%.

Trent Dividend History: Trent Ltd. announced 26 dividends since July 18, 2001. In last 12 months, Trent announced an equity dividend of Rs 2.20 per share. At the current share price of Rs 38856.75, Trent Ltd offers a dividend yield of 0.06%.
Trent Stock Split History: Trent split the face value of its shares once since September 12, 2016. Trent split the face value of its shares from Rs 10 to Re 1 in 2016. It fixed ex-date as September 12, 2016.

Trent Shares Rally On Healthy Q3 Earnings: Trent shares hit 20% upper circuit on February 7 after the company declared a jump of 124% year-on-year (YoY) in its consolidated net profit to Rs 374.36 crore as against Rs 167 crore in the corresponding quarter of last year. As per the BSE filing of the company issued yesterday, revenue of Trent for December 2023 quarter jumped to Rs 3466 crore, up 50.5% from Rs 2303.4 crore in the same quarter of last year. Trent announced its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) soared 95% to Rs 629 crore. Margin declared at 18% as against 14% in the year ago period.

Trent About: As part of the Tata group, Trent's flagship concept, Westside offers branded fashion apparel, footwear and accessories for women, men and children, along with a range of home furnishings & decor. This offer is presented through a differentiated portfolio of exclusive brands that are in tune with latest fashion trends appealing to a wide spectrum of style conscious consumers across defined customer segments, according to its official website.

Disclaimer: The stock has been picked from the brokerage report of Motilal Oswal. Greynium Information Technologies, the Author, and the respective Brokerage House are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.