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Shares of retail major Trent are up 39 per cent in the past one month against an under 3 per cent gain for the BSE200 index during the same period.
Improving consumer sentiment, continued store expansion, and a superior balance sheet make it the best-placed to benefit from the underlying macro recovery, say analysts.
The performance of Trent, which operates retail chains like Westside and Star Bazaar, surprised the Street positively in the October-December (Q3) period also. Revenues at Rs 725 crore recovered to near 80 per cent of pre-Covid levels, aided by a further easing of lockdown
Improving consumer sentiment, continued store expansion, and a superior balance sheet make it the best-placed to benefit from the underlying macro recovery, say analysts.
The performance of Trent, which operates retail chains like Westside and Star Bazaar, surprised the Street positively in the October-December (Q3) period also. Revenues at Rs 725 crore recovered to near 80 per cent of pre-Covid levels, aided by a further easing of lockdown
