Trent becomes 5th Tata Group company to breach Rs 1 lakh-crore market cap

Trent becomes 5th Tata Group company to breach Rs 1 lakh-crore market cap

Trent became the fifth stock among the listed Tata Group companies to cross a market capitalisation of Rs 1 lakh crore. Other group stocks with a market cap of over 1 lakh crore are Tata Consultancy Services (TCS), Titan, Tata Motors and Tata Steel. At 2:45 pm, Trent’s market cap stood at Rs 100,183.47 crore. … Read more

Kotak initiates coverage on this Tata stock. Should you buy?

Kotak initiates coverage on this Tata stock. Should you buy?

Citing rich valuation, domestic brokerage firm Kotak Securities initiated coverage on with a reduce rating with a target of Rs 1,320, an upside of 6% from the current market price of Rs 1,243. The brokerage said it likes Trent’s ability to conceptualize and scale up new formats within short periods of time. It also forecasts … Read more