Trent shares hit 10% upper circuit after Q2 revenue rises 23% YoY to Rs 4,724 crore. Should you buy, sell or hold?
A quarterly results development with market-wide reach.
· Economic Times Markets, ET Stocks
Tata Group retail arm Trent reported a 23% year-on-year surge in Q2FY27 standalone revenue to Rs 5,788 crore, supported by strong growth across Zudio and Westside formats. Global brokerage BofA Securities has initiated coverage on the stock with a Buy rating and a target price of Rs 3,075.
Key facts
- Period
- Q2FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The immediate tone of coverage reads positive.
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