Investors Take Note: Antique Buys Trent, Nuvama Upgrades Electronics Mart Targets

Brokerages remain bullish on select retail and consumer stocks as Antique Broking recommends a buy on Trent, highlighting its steady growth, expanding retail footprint, and focus on tapping young buyers through its brand Burnt Toast. Antique assigns a target price of Rs 7,031 based on 1HFY28 earnings estimates, citing disciplined management execution and margin improvement potential.

 

Key Highlights

 

Trent’s September quarter revenue rose 17.4% YoY to Rs 5,000 crore with net new stores added for brands Zudio and Westside.

 

The company’s expansion into Gen-Z fashion and store experience upgrades position it well for sustainable long-term growth.

 

Electronics Mart India received a target price raise from Nuvama Wealth Management to Rs 164, reflecting optimism on GST-driven product upgrades and resilient same-store sales growth.

 

Nuvama flagged risks including external factors like La Niña but believes growth catalysts remain strong in retail and consumer sectors.

 

Investors are advised to watch these companies for long-term value creation and sectoral tailwinds.

 

Sources: Economic Times, Business Today, Moneycontrol, The Hindu Business Line