{
  "id": 12311889,
  "title": "Trent surges 10% as Q2 revenue beat lifts D-Street mood",
  "url": "https://urgent.news/2026/10/06/trent-surges-10-as-q2-revenue-beat-lifts-d-street-mood",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T05:31:24.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/companies/trent-surges-10-as-q2-revenue-beat-lifts-d-street-mood/article71550036.ece"
  },
  "original_language": "en",
  "account": "Trent Limited's shares experienced a 10% increase following a strong revenue performance reported for the July-September quarter, surpassing market expectations. The stock reached a high of ₹2,909 and currently trades around ₹2,851, marking a 10.51% rise from its previous close of ₹2,580. Trading volumes were substantial at 32.60 lakh shares worth ₹928 crore, with a higher demand for shares as buy orders outnumbered sell orders by a ratio of 62:38. The surge in shares follows Trent's announcement of a standalone revenue from operations of ₹5,788 crore for Q2FY27, indicating a 23% increase year-on-year, the second consecutive quarter of growth exceeding 20%. This figure exceeded analyst estimates, which had projected an 18% growth rate. For FY27, the company reported revenue of ₹11,454 crore, representing a 21% increase compared to the same period in the previous year. The quarter also saw the opening of Trent's 1,000th Zudio store, contributing to a total fashion store portfolio of 1,342 as of September 30, 2026. Analysts have reacted positively to the results, with HSBC maintaining a Buy rating and a target price of ₹3,390, Morgan Stanley keeping an Overweight rating with a ₹3,406 target, and Motilal Oswal retaining a Buy call. However, Citi remains cautious, retaining a Sell rating and a ₹2,950 target, citing concerns over declining revenue per square foot, rising competition, and input cost pressures.",
  "summary": "The rally follows Trent’s announcement on standalone revenue from operations of ₹5,788 crore for Q2FY27, a 23% y-o-y increase and the second consecutive quarter of 20%-plus growth",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}