Why this retail stock is one of the largest value creators for investors

Mumbai-based Trent is one of the largest value creators in the branded apparel space with the stock up 600 percent over the past ten years and over 400 percent in the last 5 years. The scrip has surged from Rs 55 in 2009 to Rs 469 currently, turning an investment of Rs 1 lakh in 2009 to over Rs 7 lakh today.

The stock has risen over 35 percent in the last 6 months at a time where most retail companies have been concerned with the demand slowdown. The company hit its all-time high of Rs 489 recently, on August 21, 2019. The scrip hit its 52-week low of Rs 313 on December 11, 2018.

Trent, the retail vertical of the Tata conglomerate, owns and manages a number of retail chains in India like Westside, Zudio and Zara. It also operates Star Bazaar, a hypermarket chain, and Landmark, a family entertainment format store.