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Apart from the Zudio stores, the Tata Group company will also add 30 Westside, and 10 Samoh stores this year, for a total investment of ₹800 crore, it said in its annual general meeting on Monday. The company also has Zara, Star Bazaar and Landmark stores in its fold.
ETMarket's screener has identified 11 stocks with an RSI above 75, indicating overbought conditions. With a market cap of over Rs 50,000 crore, these companies present potential investment opportunities. In this article, we delve into each company's business and provide valuable insights for investors
Trent shares hit an intraday high of Rs 1616.30 against the previous close of Rs 1601.95 on BSE. Market cap of the firm rose to Rs 57,430 crore on BSE.
The brokerage expects an improvement in gross margins in FY24 as raw material costs come down. The Tata group company reported a nearly twofold jump in revenue in FY23
HDFC Securities attributed the fall in margins, from 9.3 percent to 10.1 percent, to front-loading of Zudio-related costs. Trent’s Q4 net profit came in at Rs 54.2 crore, up from Rs 20.87 crore in the year-ago period