Trent trips on the ramp. Is it still worth the splurge or time to change brands?
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Chairman Noel N Tata's tempered 25% growth guidance at the AGM spooked the markets, sending Trent down 14%. With optimism deflated and valuations still sky-high, the big question remains: is Trent still worth the premium — or time to check out?
By VARSHA SANTOSH 6 Mins Read, Jul 16, 2025, 04:00 AM IST
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If stock markets had a sense of humor, India would be its punchline — and Trent its headlining act. Where else can a retail company command a PE (price to earning) ratio so high it could get a nosebleed at the altitude? In the US, Google and Microsoft — literal titans of tech — trade at PE multiples of 20x and close to 40x, respectively. But in India? We like our moats steep and our valuations steeper. Take Trent, for instance. In the frenzy of
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