Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Debaroti Adhikary

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

Trent Citi Morgan Stanley Zudio Tata Group HSBC Debaroti Adhikary Motilal Oswal SEBI Westside

Trent shares soared around 13% on Tuesday, adding more than Rs 17,540 crore to its market capitalisation within an hour of the opening bell after the Tata Group company released its Q2 business update. While Morgan Stanley, Motilal Oswal and a few other brokerages remain bullish on the stock, Citi remains cautious.

Shares of Tata Group’s retail arm jumped to Rs 2,909 apiece on NSE on Tuesday morning. The stock is on track to record its sharpest single-day gain in more than two years, taking its market capitalisation beyond the Rs 1.5 lakh crore mark.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
‘He was just a baby’: A cat owner says his hair-loss treatment cost him his 2-year-old cat, and he’s warning others about minoxidil
Should come with a warning label.
We Got This Covered
We Got This Covered
A hospital worker’s $15.99 Goodwill find was identified as a Le Pho painting worth up to $80,000
An occupational therapist found a painting for $15.99 at Goodwill while shopping to relieve stress. Notably, the piece was valued significantly higher during an appraisal on Antiques Roadshow. Fine-art expert Betty Krulik identified it as a work by Vietnamese artist Le Pho. The appraisal revealed that similar artworks could sell…
The Times of India
The Times of India
Stark warning – does new footage in Avengers: Endgame reveal the truth about Doctor Doom?
Warning: contains spoilers The four short scenes added to the new version has made the film the highest-grossing of all time – but the only people really enjoying this are the Disney accountants
The Guardian - UK
The Guardian - UK
Students from military families are often misunderstood in US public schools – a retired military officer and behavioral health expert explains what schools can do
Over 1.4 million children had a parent or caregiver who served in the U.S. armed forces in 2024.
The Conversation
The Conversation
Leave the Greenland sharks alone
A bounty on 1,000 fish hearts is as barbaric as it sounds
Salon
Salon
63 Celebrity Lookalikes Who Look Like They Were Separated At Birth
If you have ever mistaken Amy Adams for Isla Fisher, you are not alone, bad with names, or imagining things. We’ve all been there. Even Jeffrey Dean Morgan gets approached in airports and grocery stores by fans who mistake him for Javier Bardem and immediately start speaking Spanish. Celebrity doppelgängers…
Bored Panda
Bored Panda
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play