Trent Q4 Results Live : profit rise by 1200.28% YOY
Trent Q4 Results Live : Revenue increased by 51.08% YoY & profit increased by 1200.28% YoY Key Points
mintTrent shares surge 23% in two sessions on strong Q3 results. Should you but at current levels?
Fashion and lifestyle player Trent reported a 124% year-on-year (YoY) surge in consolidated net profit at Rs 374.36 crore for the quarter ended December 30. The profit stood at Rs 167 crore in the corresponding quarter last fiscal. Key Points
Economic TimesNoel Tata-led Trent charts expansion plan riding private label-only model
The company's revenues climbed substantially over the past five years, to ₹8,242 crore in FY23 from ₹2,157 crore in FY18. Concurrently, the net profit surged nearly five-fold to ₹394 crore. The stock has sparkled, too. Last year, Trent more than doubled in value, outpacing the 20% returns for the Nifty50. Over a two-year span, the stock nearly tripled, while the Nifty climbed 27% in the period. Key Points
Economic TimesIndia's Tata-owned Trent Q2 profit surges three fold, shares hit record high
Indian retailer and hypermarket operator Trent (TREN.NS) on Tuesday reported a nearly three-fold surge in the second-quarter profit because of strong demand, sending its shares to a record high. Key Points
ReutersRenowned banjo player and guitarist Buck Trent passes away at 85
Trent's career reached new heights when he joined the cast of the iconic variety show Hee Haw from 1974 to 1982. His memorable performances often featured his signature phrase, Oh yeah! In 2018, he reunited with his fellow Hee Haw alums Jana Jae, Lulu Roman, and Misty Rowe for the Kornfield Friends reunion tour. Key Points
Economic Times
Trent Q1 results: Profit jumps 44% at ₹148.27 crore
Standalone revenue from operations grew 53.4% from ₹1,652.86 crore reported in they ago period to ₹2,536.43 crore, the company said Key Points
mintWorld's biggest fashion brand Zara's India sales increase 40% in FY23
The sales increase by Zara comes despite increasing competition from global rivals in the clothing market that is increasingly cluttered. As the world's most-populated country, India is an attractive market for aspirational apparel brands as rising disposable incomes cause the consuming base of the pyramid to broaden further. Trent also has a separate association with the Inditex group to operate Massimo Dutti stores in India. The entity saw revenues rise to ₹89 crore compared to ₹ 59 crore in FY22. Key Points
Economic Times20K again on Nifty next week; 5 stocks we will continue to buy for next 10 days: Sanjiv Bhasin
Sanjiv Bhasibelieves that Dixon has already seen a significant increase in price, but the shift towards electronic manufacturing services is still favorable in the long-term. Regarding Avenue Supermarts, Bhasin thinks Trent is a better investment than DMart. He also mentions the potential for gains in Reliance Industries due to record retail sales and increased demand for distillate OTC chemicals. Key Points
Economic TimesIt’s easy to say this is not 2008 but nobody understands full ramification of SVB crisis: Sudip Bandyopad
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, has said that the US banking crisis is a little bit of a concern , but that it is easy to say this is not 2008, this is different, these can be contained, and the US government is taking action. However, he cannot predict with certainty the full ramification of this. He advises investors to be careful too. Key Points
Economic Times'Boy Swallows Universe': Storyline, release date, cast, streaming platform, number of episodes, filming an
'Boy Swallows Universe' is a 2024 Australian drama series. It is based on Trent Dalton's book, co-produced by Dalton, Joel Edgerton and Troy Lum. John Collee pens the script, with directors like Bharat Nalluri, Jocelyn Moorhouse and Kim Mordaunt. Key Points
Economic Times
Market’s at an all-time high, but thunder is missing? Here’s why explains Dipan Mehta
Dipan Mehta says the absence of froth and lower risks in the market indicate positive sentiment. The percentage of professionals managing the money compared to just raw retail coming to the market is significantly higher at this time around in this bull market than ever before. Union Bank's sensible strategy to improve capital and drive growth is praised while auto sector may see a slowdown. Key Points
Economic TimesCricket The Hundred 2023: Live streaming, new format-rules, start time
ECB organises the The Hundred 2023 tournament. Know about this new format of cricket, rules, live broadcast. Match timing. Key Points
Economic Times