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VERIFIEDET Stocks·positive

Rs 17,540 crore added to Trent mcap, but Citi stays bearish. Why Morgan Stanley disagrees

AI Summary
  • ·Trent's market capitalization increased by Rs 17,540 crore following a 13% surge in its share price.
  • ·The company reported strong Q2 revenue growth and achieved the milestone of 1,000 Zudio stores.
  • ·Morgan Stanley and HSBC maintain a bullish stance on Trent, while Citi expresses caution regarding margins and competition.
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