Morgan Stanley has maintained its “Overweight” rating on Trent, setting a target price of ₹8,032, implying a 25.7% upside from the current market price of ₹6,393.00.
The brokerage highlighted Trent’s focus on quality and consistent growth, noting that the company regularly evaluates store closures as part of its business strategy to ensure sustainable and profitable growth. Additionally, the company’s new formats are being treated as small startups, emphasizing innovation and agility.
Disclaimer: This report is for informational purposes only and should not be considered investment advice. Please consult a financial advisor before making investment decisions.
