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Bloomberg Quint

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Trent's Ambitious FY26 Growth Target Has Macquarie Skeptical, Nuvama Downgrades To 'Hold'

  • Nuvama downgrades Trent Ltd. to 'hold' and lowers target price, citing near-term challenges and stretched valuation.
  • Macquarie maintains 'underperform' rating for Trent with concerns about growth trajectory and achieving goals.
  • Trent reaffirms 25% growth target for FY26, but current performance falls short according to Nuvama.
  • Both brokerages discuss Trent's expansion plans, historical performance, and focus on Star Bazaar's growth potential.

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