The Economic Times

Rs 17,540 crore added to Trent mcap, but Citi stays bearish. Why Morgan Stanley disagrees

Trent shares surged 13% after the Tata Group retailer reported strong Q2 revenue growth and crossed the 1,000-store milestone for Zudio. Morgan Stanley and HSBC remain bullish, while Citi stays cautious over margins, competition and revenue per square foot.