Radhakishan Damani Books Profit in This Multibagger Tata Group Stock: Trent Share Price Surge Over 1000% in Five Years
Radhakishan Damani Portfolio: The share price of Trent has provided remarkable returns to its investors in recent years. This high-performing stock has increased by around 190 percent in one year and has given over 1000 percent returns in the past five years. The Tata group stock has attracted investments from both institutional investors and notable individual investors. Among its institutional investors are Axis Mutual Fund and SBI Life Insurance. Prominent individual investors like Radhakishan Damani also hold assets in this stock. Damani owns a 1.35 percent stake in Trent through his company, Derivatives Trading And Resorts Private Limited. However, he reduced his stake in this stock during the January to March 2024 quarter. In Q4FY24, Damani booked partial profit by decreasing his stake from 1.52 percent to 1.35 percent.
Radhakishan Damani’s Shareholding in Trent
Looking at Trent Ltd’s shareholding pattern for the January to March 2024 quarter, Radhakishan Damani owns a stake through Derivatives Trading And Resorts Private Limited. The latest data on the BSE website shows Damani owns 48,07,407 shares of Trent, or a 1.35 percent stake in the company. In the previous quarter (October to December 2023), he held 54,21,131 shares, which was 1.52 percent of the company’s total paid-up capital. This shows Damani’s strategic move in Q4FY24, where he booked partial profit by selling 6,13,724 shares, reducing his stake by 0.17 percent. This decision highlights his sharp market insight.
Trent Share Price History
Trent’s share price history shows a significant rise, with the stock increasing from nearly ₹2815 to ₹4680 per share, marking over a 65 percent rise. Year-to-date (YTD), the stock has surged from around ₹3000 to ₹4680 per share, a rise of over 55 percent. Over the past year, Trent’s share price has jumped from around ₹1560 to ₹4680 per share, registering a 190 percent increase. In the last five years, Trent’s share price has climbed from approximately ₹403.50 to ₹4680 per share, delivering more than a 1,000 percent return to long-term investors.
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