The flagship Westside offers branded fashion apparel, footwear, and accessories for women, men, and children, in addition to a diverse range of home furnishings and décor. Zudio, the company’s value fashion concept, provides trendy fashion for men, women, and children at highly competitive price-points, with exclusive in-house curated collections. Star Bazaar is a chain of hypermarkets and supermarkets, while Landmark features a curated selection of toys, frontlist books, stationery, and sports merchandise.
Most analysts retain bullish stance
Nuvama remained optimistic about the business outlook and adjusted revenue estimate for FY27 up by 0.4% and trimmed profit after tax (PAT) by 4%. The brokerage has maintained a ‘buy’ call on the stock. Foreign brokerage Macquarie has maintained its ‘outperform’ rating, while Morgan Stanley retained the ‘overweight’ call.
Axis Bank also recently recommended a ‘Buy’ call on the stock.
Despite the positive outlook, shares of Trent were trading flat at the ₹ 5,720 level on the BSE at the time of reporting. On Thursday, the retail heavyweight moved in a narrow range, rising over 1% to ₹5,800 per share, while it touched an intraday low of ₹5,665.95 on the BSE.
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