Trent Ltd
TRENT

246.65

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Turnover (lac)
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Day's Vol.(shares)

246.45

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Accumulate
Reco. Price
Rs 250.00
We recommend ACCUMULATE as we expect PAT to grow by 10% in FY17E due to expansion of stores. Additionally, better branding and traction in like to like sales will drive revenues. However, we see limited upside with stock trading at FY17E P/E of 78.4x. (Target Price- Rs.261)
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50 DMA (.)
221.67
100 DMA (.)
210.56
200 DMA (.)
199.20
Weekly Range (.)
243.55
258.30
Monthly Range (.)
214.20
269.40
52 Weeks Range (.)
138.30
269.40
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