Macquarie has initiated coverage on Trent Ltd with an ‘Outperform’ rating and a target price of ₹7,000 per share, indicating a potential upside of approximately 32% from the current market price of ₹5,308.00. The brokerage describes Trent as India’s leading fashion retailer in the value to mid-premium space and notes its superior performance metrics compared to its Asian retail peers.
According to Macquarie, Trent stands out with best-in-class retailing metrics in Asia—highlighting strong growth, a robust return profile, and efficient inventory turns. The firm sees these strengths sustaining over time, supported by India’s rising discretionary consumption, especially in the fashion segment. Trent is positioned as a key beneficiary of this trend, making it a compelling play in the evolving Indian retail landscape.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult your financial advisor before making any investment decisions.
