Elara picks Trent, D-Mart as top retail bets; flags 20%+ growth, FTA tailwind for spirits
Elara Capital's Karan Taurani names Trent and Avenue Supermarts as top retail picks on 20%+ revenue growth and northern expansion. India-UK FTA could lift United Spirits and Radico Khaitan through lower Scotch duties, while Nykaa and Zepto remain under margin scrutiny.
Elara Capital's Karan Taurani names Trent and D-Mart as top retail picks, citing 20%+ revenue growth and northern expansion. India-UK FTA could lift United Spirits and Radico Khaitan via lower Scotch duties; Nykaa and Zepto face margin focus.