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December 6, 2023
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consum...
December 1, 2023
Shares of Trent surged about 150 per cent from its 52-week low at Rs 1155.10 hit on January 27, 2023. The stock has rallied 110 per cent in the year 2023 so far.
November 22, 2023
The last Tata firm to go public was TCS in 2004. Since then, Titan Company has seen the biggest gains, jumping a whopping 49,395 per cent
November 20, 2023
Leah Tata, Maya Tata, and Neville Tata are Ratan Tata's half-brother Noel Tata's children who were welcomed on board in November 2022
November 17, 2023
I wouldnt worry about RBI rap on Bajaj Finances knuckles. At the most, it going to impact around 2% of Bajaj Finance books and if the management expeditiously deals with the issue, the impact on a full year profit should be hopefully less than 1%. A new addition, Trent has many more engines than the market understands it to have.”
November 8, 2023
Domestic brokerage firms maintained their buy recommendations for Trent, with Centrum Broking revising its target price to ₹2,657 apiece and Motilal Oswal assigning a target price of ₹2,750 apiece. Both brokerages highlighted Trents strong growth trajectory and performance.
November 7, 2023
Indian retailer and hypermarket operator Trent on Tuesday reported a nearly three-fold surge in the second-quarter profit because of strong demand, sending its shares to a record high....
November 7, 2023
India Business News: Trent, an Indian retailer and hypermarket operator, has reported a nearly three-fold increase in second-quarter profit, driven by strong demand. The c
November 7, 2023
The September quarter witnessed a surge in demand ahead of the festive season, and sales were also boosted by purchases for weddings.
September 18, 2023
Saurabh Mukherjea recently added Trent Rainbow Childrens Medicare to his portfolios in Augusts. Shares of Tata Group-owned retailer Trent have more than doubled in just two years while smallcap Rainbow has more than doubled from its IPO issue price of Rs 506.