Trent stock again trending with investors as growth visibility improves

Well-placed in the apparel retailing market to benefit from the macro recovery, say analysts

Shares of retail major Trent are up 39 per cent in the past one month against an under 3 per cent gain for the BSE200 index during the same period.
 
Improving consumer sentiment, continued store expansion, and a superior balance sheet make it the best-placed to benefit from the underlying macro recovery, say analysts.
 
The performance of Trent, which operates retail chains like Westside and Star Bazaar, surprised the Street positively in the October-December (Q3) period also. Revenues at Rs 725 crore recovered to near 80 per cent of pre-Covid levels, aided by a further easing of lockdown