$TRENT

Fundamental: Revenue +19.2% YoY | PAT +25.8% YoY | 5Y PAT CAGR 100.8% | P/E 99.7x vs sector 72x (below own 10Y avg of 111.6x) | Upside 33.6% | Operating Margin 18.8% (+148 bps) | ROCE 25.1% | Rank #1/7 peers | Rating 8.74 Technical: Strong breakout above ₹3,100 — trading at fresh swing highs | Above all key MAs with 5/9/13 EMAs positively aligned as immediate support | RSI 72 — strong buying, near-overbought | ADX ~29 — uptrend gaining strength | MACD firmly positive — bullish crossover intact Moat: Tata-backed India's fastest-growing fashion retailer — Westside and Zudio's value-fashion dominance, rapid Tier 2/3 store expansion, and a 5-year PAT CAGR of 100% reflect a retail compounder with brand strength, operating leverage, and store economics that peers have struggled to replicate. View: Ranked #1 in retail segment with a perfect outlook score, 33.6% Finkhoz upside, and trading below its own 10-year P/E average — the breakout to fresh swing highs backed by consistent earnings compounding makes this a high-conviction large-cap retail play, with the 52W Index at just 52 suggesting meaningful upside remains despite the recent move.