Trent Ltd’s shares rose 5.98% after reporting 45% profit increase for Q1 FY2023. Revenues were up 45% to Rs 2,628.37 crore. LFL sales up 12%, with 40% more fashion stores, 32% share of online revenue, 9 million Weststyle Club members, and rising contribution from own brands. Expansion strategy still…

Trent reports profit growth, driving 5.98% share surge

Global fashion brand Zara, has posted a growth of 40.42 per cent in its India revenue at Rs 2,562.50 crore for FY23, according to the latest annual report of Trent Ltd.

Zara logs 40.4% revenue growth in India at Rs 2,562 cr, profit up 77.6%

Zara, the global fashion brand, has recorded a 40.42% YoY growth in India’s revenue at INR 2,562.50 crore for FY23 with a profit rise of 77.66% to INR 264.30 crore, as per Trent Ltd’s annual report. The findings mention that stores are being opened only in high-quality retail spaces, and the company…

Zara logs 40.4% revenue growth in India at Rs 2,562 crore, profit up 77.6% to Rs 264 crore

Trent Ltd., which runs apparel stores Westside and Zudio, is looking to scale up its grocery business by focusing on promoting its own brands. The Tata Group company runs the hypermarket chain, Star Bazaar, in a joint venture with the UK’s Tesco and currently has around 50 stores spread across Mumb…

Trent to push store brands to grow grocery chain Star Bazaar

Trent Ltd, Cummins India Ltd, Venkys (India) Ltd and Dish TV India Ltd are among the other gainers in the BSE’s ‘A’ group today, 09 February 2023.

Gujarat Pipavav Port Ltd leads gainers in ‘A’ group

Tata group retail firm Trent Ltd on Wednesday reported a consolidated net profit of Rs 154.81 crore in the third quarter ended on December 31, 2022.

Trent reports consolidated net profit at Rs 154.81 cr in December quarter

Chairman of Trent Ltd shares his thoughts on the future of the company

Going forward, we will focus on rapidly growing our online presence: Noel Tata

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

Tata Group’s Trent Ltd enters list of 100 most valued companies in India

Trent Ltd is a large-cap retail company with a market capitalization of ₹37,283 crore. Trent’s flagship concept, Westside, is part of the Tata Group and features premium fashion apparel, footwear, and accessories.

This Tata group stock could set a new high in 1 year, brokerage says to buy

Indias largest retailer, Reliance Retail, reported 17% contribution from ecommerce sales to consumers and to smaller shops for orders booked digitally as compared to 10% a year back, while for Tata-owned Trent Ltd it has surged to 7% as compared to 5% in FY21.

Ecommerce Sale: Ecommerce sales gallop despite big rebound in offline business

Ecommerce sales gallop despite big rebound in offline business

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Trent Limited is engaged in the retail sale of readymade garments.

Trent Ltd

With a market cap of ₹73,392 cr, stock is ranked 88

Trent Ltd

Trent Ltd

Scorecard

News & Opinions

Trent reports profit growth, driving 5.98% share surge

Zara logs 40.4% revenue growth in India at Rs 2,562 cr, profit up 77.6%

Zara logs 40.4% revenue growth in India at Rs 2,562 crore, profit up 77.6% to Rs 264 crore

Trent to push store brands to grow grocery chain Star Bazaar

Gujarat Pipavav Port Ltd leads gainers in ‘A’ group

Trent reports consolidated net profit at Rs 154.81 cr in December quarter

Going forward, we will focus on rapidly growing our online presence: Noel Tata