Analyst flags Trent as buy-on-dips; sees DMart as long-term retail play
WealthMill Securities’ Kranti Bathini prefers staggered buying in Trent after its correction from about Rs 3,400 toward Rs 3,000, while positioning Avenue Supermarts’ DMart as a durable long-term organised-retail investment.
What happened
Trent Ltd. · WealthMill Securities' Kranti Bathini prefers Trent despite high valuations, citing its correction from around Rs 3,400 toward Rs 3,000. He
Key facts
- Trent recent high: around Rs 3,400
- Trent correction zone: around Rs 3,000
Why this matters
The contrasting calls highlight that retail assets with scalable formats, resilient unit economics and credible expansion runways remain strategically attractive despite near-term share-price volatility.
What to watch
- Trent quarterly like-for-like sales growth, operating margin trend, Zudio and Westside store additions, and inventory discipline.
- DMart revenue growth, same-store sales, gross-margin movement, new-store pace and management commentary on competitive intensity.
- Indian urban consumption indicators, festive-season spending, inflation and consumer-confidence data.
- Market-wide valuation rotation between high-growth discretionary retail and defensive consumption stocks.
- Further share-price action around Trent's Rs 3,000 area and post-results volume confirmation.
- Watch for staggered accumulation in Trent rather than a single large entry, with buying interest likely to strengthen near technical support and after earnings confirmation.
- Expect portfolio managers to compare Trent's fashion-led growth and expansion runway with DMart's defensive grocery-led compounding profile.
- Look for renewed attention to organised retail names if consumption data, festive-season demand and store-opening announcements improve.
- Monitor whether analyst commentary broadens into target-price revisions or rating upgrades, which could reinforce the buy-on-dips narrative.