AgenciesChandan of Securities has buy call on Trent with a target price of Rs 1444. The current market price of . is Rs 1411.75. Time period given by analyst is Intra Day when Ltd. price can reach defined target.
Trent Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 49155.03 Crore) operating in Retail sector.
Trent Ltd. key Products/Revenue Segments include Readymade Garments, Other Operating Revenue and Rent for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1846.98 Crore, up 34.52 % from last quarter Total Income of Rs 1372.97 Crore and up 239.03 % from last year same quarter Total Income of Rs 544.79 Crore. Company reported net profit after tax of Rs 80.92 Crore in latest quarter.
Investment Rationale
Making higher highs – higher lows over seven sessions with price volume breakout on daily frame
Trent Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 49155.03 Crore) operating in Retail sector.
Trent Ltd. key Products/Revenue Segments include Readymade Garments, Other Operating Revenue and Rent for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1846.98 Crore, up 34.52 % from last quarter Total Income of Rs 1372.97 Crore and up 239.03 % from last year same quarter Total Income of Rs 544.79 Crore. Company reported net profit after tax of Rs 80.92 Crore in latest quarter.
Investment Rationale
Making higher highs – higher lows over seven sessions with price volume breakout on daily frame
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