Trent shares soar 7% after Q2 results. Here’s why Elara Capital, Nuvama remain bullish on the Tata stock
Elara, Nuvama and Systematix rate stocks including a list of stocks.
· Economic Times Markets, ET Stocks
Trent shares rallied after the retailer reported 25% year-on-year growth in Q2 FY27 profit and a 21.9% rise in revenue. Elara Capital upgraded the stock to Buy, while Nuvama maintained its positive stance and Systematix retained Hold.
Key facts
- Period
- Q2 FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Elara, Nuvama and Systematix, with ratings on the stocks named.
- Sectors in the story: Capital Goods & Engineering and Capital Markets.
Capital Goods & Engineering
1M -8.8% · 3M -3.3%
Capital Markets
1M -0.3% · 3M -5.2%
Sector moves are the average of the stocks we track in each sector.
In this story
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