Tata Group company Trent has given multibagger returns to its shareholders. Shares of retail company Trent have jumped more than 5300% in the last 10 years. Shares of Trent have increased from Rs 138 to Rs 7600 during this period. The 52 week high level of Trent shares is Rs 7939. At the same time, the 52-week low level of the company’s shares is Rs 1946.35. Veteran investor Radhakishan Damani has placed a big bet on this stock of Tata Group. Damani holds more than 45 lakh shares of Trent.
Made more than Rs 54 lakh from Rs 1 lakh
Shares of Tata Group’s retail company Trent were at Rs 138.55 on October 1, 2014. Shares of Trent closed at Rs 7612.35 on October 1, 2024. Trent shares have given a return of 5394% to investors during this period. If a person had invested Rs 1 lakh in Trent shares 10 years ago and had maintained his investment, then the current value of Trent shares purchased for Rs 1 lakh would have been Rs 54.93 lakh. The market cap of Trent has reached Rs 2,70,609.50 crore.
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Trent shares rise 1450% in 5 years
Trent shares have seen a rise of 1452% in the last 5 years. Shares of this Tata Group company were at Rs 490.45 on October 4, 2019. Shares of Trent closed at Rs 7612.35 on October 1, 2024. In the last 2 years, Trent’s shares have risen by 437%. Trent shares have risen 270% in the last one year. At the same time, this year the company’s shares have increased by 153%.
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Radhakishan Damani has more than 45 lakh shares of Trent
Veteran investor Radhakishan Damani has invested in Trent through his investment firm Derive Trading and Resorts Private Limited. Radhakishan Damani holds 45,07,407 shares of Trent or 1.27% stake in the company. This data of shareholding in Trent is till June 2024 quarter.
