Tuesday, 6 October 2026Updated 16m ago
Results▲ Strongly bullish for Trent

Trent rallies 10% after Q2 business update, m-cap tops ₹1.5 trillion

1 source · first seen 09:34 6 Oct · updated 09:34 6 Oct

The brief

Written from 1 report · check the source before you trade
  • Trent hit the 10% upper price band at ₹2,832.50
  • Its market capitalisation topped ₹1.5 trillion
  • The rally lifts sentiment around Trent and Indian retail stocks

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25 stories this week
  1. 6 OctLIC mints Rs 531 crore in one day as Trent shares rally 13%; insurance behemoth’s stake value nears Rs 4,700 crMarket move · 1 source
  2. 6 OctJefferies, Nomura and Macquarie initiate coverage on 5 stocks with up to 30% upside potential. See full listBroker call · 1 source · Analysts are bullish on Trent and IndiGo, with up to 30% upside potential
  3. 6 OctStock markets trade higher, led by bank stocks, Reliance IndustriesMarket move · 1 source
  4. 6 OctTrent up 11%, IDFC First Bank down 3%: Q2 business updates drive stock movement on Nifty500Market move · 1 source
  5. 6 OctTrent, Rentomojo or STL? Mayuresh Joshi explains where growth could come fromBroker call · 1 source
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Part of a developing story8 updates over 2 days

Trent's Q2 revenue growth and share rally

Trent reported standalone Q2 revenue of ₹5,788 crore, up 23% year on year, and said Zudio had crossed 1,000 stores. Its shares surged as brokerages assessed the update, with Citi cautious and Morgan Stanley more positive.

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1 report · earliest 09:34
Business StandardTrent rallies 10% after Q2 business update, m-cap tops ₹1.5 trillion09:34