Trent stock rises 30% amid bonus shares and dividend announcement
after close1 source ↓written by the desknot a recommendation
- cap now exceeds
- ₹1.55 lakh crore
Shares of Trent Ltd have surged over 30% in April, climbing from ₹3,295 to above ₹4,300. The company announced a bonus issue in 1:2 ratio and a dividend of ₹6 per share during its quarterly results on 22 April. The market cap now exceeds ₹1.55 lakh crore.
This corporate action may enhance shareholder value and attract new investors, reflecting positively on market sentiment.
Not investment advice. For informational purposes only.