Never mind Sept quarter blip, Trent looks good2 min read . Updated: 14 Nov 2022, 08:39 AM IST
- Trent continues to outperform its peers and offers a huge runway for growth.
Shares of retail company Trent Ltd fell by more than 3% on Friday, a day when the benchmark Nifty50 index was up 1.8%. One likely reason for the drop in the shares is the disappointing margins in the September quarter (Q2FY23). Standalone gross margin contracted as much as 515 basis points (bps) year-on-year (y-o-y).
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