For Trent, sustained revenue growth key to keep up the trend in its shares
Trent’s peers in the value segment such as V-Mart Retail Ltd are facing the brunt of the K-shaped economic recovery. Demand in the mass segment continues to be weak.
Trent Ltd’s margin performance during the December quarter (Q3FY23) was forgettable. But investors seem to be more focused on revenue growth with the apparel retailer beating estimates on this front.
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