Its in uptrend. But nearby previous resistances are there. Need to cross 1260 to say, it has broken out.

Trent has an ROCE of 22%.That’s a fantastic return and not only that, it outpaces the average of 17% earned by companies in a similar industry. The trends I’ve noticed at Trent are quite reassuring. The data shows that returns on capital have increased substantially over the last five years to 22%. Basically the business is earning more per rupee of capital invested and in addition to that, 183% more capital is being employed now too. So I am very much inspired by what we’re seeing at Trent thanks to its ability to profitably reinvest capital.n summary, it’s great to see that Trent can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And a remarkable 1,105% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it’s worth researching the company further to see if these trends are likely to persist. However my worry is that TRENT has a high level of non-cash earnings.
Disclosure-I am invested for more than 20 years and my levels of buying were very low, levels, made a mistake of selling 500 shares @ 600 during covid and recovered my capital. This stock has become a Major portion of my portfolio 60%+ and that is my big worry. Suggestions on trimming down are welcome as I am in a dilemma.

Rahil, it’s the same here, I am able to find reasons to sell but have held off the sell button maybe for subconscious reasons.

Only trigger maybe 2-3 quarters of sub normal growth especially in STAR and Zudio.

Have you looked at slowing down of ZARA. H&M and Uniqlo are giving serious competition here. I mean Uniqlo with predominant online strategy is racing at a very fast clip and products are good.

My perspective was life insurance is a extremely under penetrated business in India and insurance companies have a long runway for growth.

I thought HDFC with is brand image, wits its reach all over India, its management, its ability to attract to attract talent will grow.

But unfortunately the company is not performing well. They are more and more relaying on HDFC bank to get business. Its speaks poorly about their other channels and the management to get business .

In the last concall they have also indicated that they are willing to reduce margins to grow which is a bad sign.

For 3 to 4 year perspective it will test the investor patience to the limit. . I have not yet read the latest concall and will post my views then. I will be reading not only HDFC concall but others concall also.

Thanks

@Chins : Wanted to know the source for the pricing of raw materials?? Can we take proxy for Gum Turpene oil from Ministry of Imports and Exports? This is what I got

Looking forward for your assistance.