Rs 17,540 crore added to Trent mcap, but Citi stays bearish. Why Morgan Stanley disagrees
60-Word AI Digest
Trent shares surged 13% after the Tata Group retailer reported strong Q2 revenue growth and crossed the 1,000-store milestone for Zudio. Morgan Stanley and HSBC remain bullish, while Citi stays cautious over margins, competition and revenue per square foot.
Key Takeaways
- Trent shares surged 13% after the Tata Group retailer reported strong Q2 revenue growth and crossed the 1,000-store milestone for Zudio.
- Morgan Stanley and HSBC remain bullish, while Citi stays cautious over margins, competition and revenue per square foot.
- Full details and original dispatch available below.
Trent shares surged 13% after the Tata Group retailer reported strong Q2 revenue growth and crossed the 1,000-store milestone for Zudio. Morgan Stanley and HSBC remain bullish, while Citi stays cautious over margins, competition and revenue per square foot.
Original Publisher Attribution
This summary was curated from Economic Times.