Shares of Trent Ltd surged by 1.08% to ₹6,493.40 in early trading on Tuesday after Morgan Stanley reaffirmed its “Overweight” stance on the stock. The global brokerage has set a target price of ₹8,032, indicating a potential upside of 25.7% from the current market price.
Morgan Stanley’s bullish outlook on Trent is backed by the company’s strong fundamentals and growth prospects in the retail sector. The firm remains optimistic about Trent’s ability to expand its market presence and enhance shareholder value.
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