Chola's Dharmesh Kant: Trent's Growth Slows, IT Product Firms & HAL are Top Picks

• Dharmesh Kant, Head-Research, Chola Securities, notes Trent's revenue growth may settle at 15-20%, down from 35-40% expectations.
• He suggests Trent is now more of a trading stock than a long-term fundamental buy due to decelerating top-line growth.
• In the IT sector, Kant recommends Indian IT product companies over large service firms, favoring Aurionpro Solutions for its earnings and order wins.
• Aurionpro Solutions has a strong order book of ₹400–450 crore in banking and mobility, with expected performance boost from recent deal execution.
• Kant maintains a positive outlook on Hindustan Aeronautics (HAL) due to strong order visibility (8x book-to-bill ratio) and 15-20% growth potential, despite competition concerns.