Tata group company 'Tata Trent':
The share of Tata Group's retail company Trent reached a record high on Wednesday.
During trading on the BSE, the share price of Trent Ltd rose by nearly five percent to Rs 1,482.
Trent's market cap has crossed 50 thousand rupees and Trent has joined the list of 100 top companies in the country.
Let us tell you that Trent is the eighth company of the Tata Group to be included in the list of 100 top companies.
In the list of 100 top companies, 7 companies of Tata Group include TCS, Titan, Tata Motors, Tata Stee, Tata Power, Tata Consumer Products, and Tata Alexei.
TCS is the most valuable company of the Tata Group by market cap and the second most valuable company in the country.
Mukesh Ambani's Reliance Industries is the largest company in the country in terms of market cap.
Trent's share price has increased by about 11 percent in the last five sessions. So far this year, it has gained more than 39 percent.
The net profit of Trent Ltd increased by Rs 115 crore in the June quarter. Trent had a loss of Rs 138 crore in the same quarter last year.
The company's revenue jumped three times to Rs 1,803 crore for the quarter as against Rs 492 crore in the previous quarter.
Let us tell you that Tata Group's retail company Trent is the leading company in the country's branded retail industry.