Pick of the Week: Trent Ltd.
Trent Ltd. is a part of the Tata Group of companies and has been an early entrant in India’s organized Retail sector.Trent Ltd. is a part of the...
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Aggressive store additions drive growth
TRENT saw a strong recovery in revenue (beating our estimate, up 2.3x YoY, and 25% above pre-COVID or 2QFY20 levels) on the back of a 46% addition...
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Trent: Lockdown Impacts Operations; Recovery Stands Protracted
We maintain our SOTP based TP to Rs 990 (Rs 790, previously) and maintain our current rating to HOLD given the negative impact of the second COVID...
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Trent Ltd: On Track to Achieve Rapid Revenue Recovery
On track to achieve rapid revenue recovery. consumer categories (400+ stores). Inherent strength of brands (Westside, Zudio, Star, Zara) and...
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Trent Ltd: Resilient Business Model to Enable Sharp Recovery
Minimised discounting with lower EOSS days in FY21 (gross margin for Zudio, Westside improved 100 bps, 150 bps YoY to 40%, 58%, respectively
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