Trent Joins Nifty 50: What This Means for Their 129% Stock Surge

Key Points: Trent Ltd.’s stock has surged by 129% this year, outperforming many global retail stocks. The Tata Group company is set to join India's NSE Nifty 50 index next month. Trent’s success is largely attributed to its affordable fashion brand, Zudio. The company’s sales increased by 56% in the latest quarter, surpassing competitors like Avenue Supermarts and Aditya Birla Fashion & Retail. Trent’s market value is approaching $30 billion, and inclusion in the Nifty 50 could attract an additional $500 million…

By Vishal Kumar

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