Trent posts nearly three-fold rise in consolidated net profit for Q2; stock hits all-time high
On Tuesday, during market hours, Trent announced its Q2 results, which showed that its consolidated profit rose nearly three-fold to Rs 228.06 crore for the September quarter as against Rs 78.94 crore logged in the year-ago period.
Global brokerage Jefferies has maintained a 'hold' rating on Trent and has raised the target to Rs 2,050 apiece from Rs 1,640, Image- Pexels