ICICI Direct
Business model provides chairman confidence in return to double digit like-for-like growth: Trent like-for-like (LFL) growth dropped to low single digit in FY26 vs. double digit growth in the earlier years affected by demand slowdown in the apparel segment and large store addition in the tier II/III markets. Trent's business model focuses on expanding reach in the tier II and tier III markets primarily seeking to pursue revenue growth across micro market. In FY26, around 80% of Zudio stores were opened in tier II and tier III (~73% of Zudio stores are located in tier II & III towns). This...
Trent Ltd.'s price crossed below 30Day SMA today
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