India's Trent shares rise 6.34% as fashion sales and margins improve
Trent shares rose 6.34% to 3,041.10 rupees on Friday after the apparel retailer reported higher second-quarter profit, improving existing-store sales and stronger margins.
Shares of India's Trent NSE:TRENT jumped more than 6% on Friday after the Tata Group-owned apparel retailer reported higher second-quarter profit, with improving sales at existing stores and stronger margins raising hopes of a recovery in its fashion business.The stock rose 6.34% to 3,041.10 rupees…