Analyst flags Trent as buy-on-dips; sees DMart as long-term retail play
WealthMill Securities’ Kranti Bathini prefers staggered buying in Trent after its correction from about Rs 3,400 toward Rs 3,000, while positioning Avenue Supermarts’ DMart as a durable long-term organised-retail investment.
WealthMill Securities' Kranti Bathini prefers Trent despite high valuations, citing its correction from around Rs 3,400 toward Rs 3,000. He recommends staggered buying on dips and identifies DMart as a durable long-term organised-retail investment.
Why this matters
The call follows Trent’s 1:2 bonus issue, with a June 4 record date, BSE F&O contract adjustments and 19,680 abeyance shares scheduled to begin trading June 25.
Retail-company signals are accelerating, up 572850% QoQ.