HSBC maintains ‘buy’ rating on Trent, target price at Rs 6,500
#1 Zudio has low store overlap, only 12 of 235 cities have 10+ stores
#2 SSSg assumed at 6% FY25–28 vs historical high double digits
#3 Multiple growth levers support SSSg estimate
#4 Valuation at 75x seems high
Trent was quoting at Rs 5,425.00, up Rs 10.40, or 0.19 percent.
It has touched an intraday high of Rs 5,474.95 and an intraday low of Rs 5,405.00.
It was trading with volumes of 7,367 shares, compared to its five day average of 31,795 shares, a decrease of -76.83 percent.
In the previous trading session, the share closed down 0.61 percent or Rs 33.20 at Rs 5,414.60.
The share touched a 52-week high of Rs 8,345.85 and a 52-week low of Rs 4,491.75 on 14 October, 2024 and 07 April, 2025, respectively.
Currently, the stock is trading 35 percent below its 52-week high and 20.78 percent above its 52-week low.
Market capitalisation stands at Rs 192,851.95 crore.