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ā¢ Sharekhan has recommended a buy rating on Trent with a target price of Rs. 2750.
ā¢ Trent saw strong growth in Q2FY2024, with 59% y-o-y revenue growth and 10% LFL growth.
ā¢ The stock currently trades at 39.3x/29.9x/24.1x its FY2024E/FY2025E/FY2026E EV/EBIDTA and has a strong earnings growth outlook.