Trent stock looks trendy again as sales rebound
- Trent’s growth in the last couple of years has been stupendous to say the least, growing at 15% over FY20-22E despite the impact of the covid-19 pandemic, Motilal Oswal Financial Services
Trent Ltd is enjoying the optimism surrounding the rebound in demand as the economy opens up. The retailer’s shares are just about 7% lower from the 52-week high of ₹1346.85 apiece seen on 7 April. Store additions, recovering footfall and pent-up demand are likely to support Trent’s operations.
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