Trent Limited ‘s share touched an all-time high on September 26 and the stocks were high in demand in the market. The investors were jubilant after witnessing massive returns of 102.46% in just a short span of time.
The world of the stock market often surprises its investors and companies. But if it gives results more than expectations, it would not only solidify the investors trust but also opens future prospects. Ratan Tata group’s company, Trent Limited, has performed remarkably well and witnessed amazing results. Witnessing a jump of 4.32%, the company’s stock opened at Rs 7,724.90 and closed to Rs 7,939.90 on Thursday.
It has been observed that the unprecedented results have doubled the money of investors in the span of just six months.
Trent Limited ‘s share touched an all-time high on September 26 and the stocks were high in demand in the market. The investors were jubilant after witnessing massive returns of 102.46% in just a short span of time. They bought the stock at Rs 3881.75 in the month of March. If the figures continue to do the magic, in one year, the investors will have a massive 265% in form of returns.
The credit for the swift rise in stock goes to the confidence of global brokerage firms Citi. It backed it with a ‘buy’ rating that increased the interest in the stock.
Trent Ltd stock closed at Rs 7724.90 which is up by 2.96%. It has positioned itself as the most profitable investment of the year. But, the investors are advised to consult with market experts before taking any decision.