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Over the past six months, shares of Trent have more than doubled investors’ wealth, jumping 105 percent. In comparison, the benchmark index Nifty 50 has risen around 12 percent during the same time period. ....
Trent s profit increased from Rs 160.9 crore to Rs 343.6 crore over the year and the revenue to Rs 3312.4 crore (Rs 2171.5 crore). Trents earnings before interest, tax, depreciation, and amortization (EBITDA) during the quarter jumped 86% year-on-year to Rs 623.15 crore. ....
Investors would do well to track signs of slowdown in urban demand. Shares of Trent have risen about 23% in the past one year. But this also means valuations are not exactly cheap, which is a concern. ....