Stellar performance in a weak market

11 Mar 2024
5 Min read 
  • Trent reports strong standalone revenue growth of 53% in 3QFY24.
  •  Gross margin improves due to controlled costs and moderating raw material prices.
  •  Strong performance driven by LFL growth and robust store additions.
  •  Consolidated revenue expected to grow at a CAGR of 29% over FY24-26.
  •  Trent's growth opportunity and improving store metrics offer upside potential.
  •  Stock has a BUY rating with a revised target price of INR4,200.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority