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Trent planning to raise Rs 1,550 crore for expansion plans

18 Jun 2019 Evaluate

Trent is planning to raise up to Rs 1,550 crore in the current financial year (FY20). The fund will be raised through a combination of issuance of shares to its promoter Tata Sons on a preferential basis and other options, to fund its expansion. 

Trent is part of the Tata Group and is engaged in business of retailing.

Peers
Company Name CMP
Avenue Supermarts 3681.10
Trent 2731.00
Vishal Mega Mart 100.20
PN Gadgil Jewellers 611.55
Aditya Birla Life 83.02
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