NSE: TRENT · 6 October 2026
- Trent Ltd shares surged 12.64% on Tuesday, trading near the upper end of the day's range between ₹2,783.10 and ₹2,912.00 after opening at ₹2,788.80.
- Trent released its operational update for the second quarter and half year ended September 30, 2026, reporting standalone revenue from operations of ₹5,788 crores compared to ₹4,724 crores in the corresponding period last year, marking a 23% year-on-year growth. For the half-year period, standalone revenue reached ₹11,454 crores, up 21% year-on-year. The company also noted the opening of its 1000th Zudio store during the quarter, taking its total store portfolio across Westside, Zudio, and other lifestyle concepts to 1,342 stores.
- Trading volume was 9.62 times the 20-day average daily volume.
Why is TRENT share price rising on 6 October 2026?
Trent Ltd shares surged 12.64% on Tuesday, trading near the upper end of the day's range between ₹2,783.10 and ₹2,912.00 after opening at ₹2,788.80.
The broader market demonstrated positive momentum, with the Nifty rising 0.98%. Trent significantly outperformed the wider market and extended its positive streak, posting a 5-day return of 10.28% and a 20-day return of 4.02%, pushing its market capitalization past the ₹1.5 trillion milestone.
The sharp upward price movement coincided with investor optimism following the company's recent operational updates for the second quarter and first half of fiscal year 2027, alongside major retail milestones such as Zudio crossing 1,000 stores. While broader macroeconomic volatility has kept consumer discretionary spending calibrated, the strong market reaction reflects sustained enthusiasm for Trent's network expansion and robust top-line performance across its lifestyle retail formats.
64.20 lakh shares traded by 6 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 6.68 lakh shares (9.62 times). The five-day average daily volume was 8.07 lakh shares. Separately, the NSE report for 5 October 2026 showed 4.80 lakh shares delivered, representing 59.83% of that day’s traded volume. The same report recorded 66,093 trades.
Trent shares rallied 12.64% alongside exceptionally high trading volumes—nearly 9.62x its 20-day average volume—following the release of its Q2 FY27 business update reporting a 23% increase in standalone revenue and the expansion of its retail network to 1,342 stores.
Latest Company Developments
Trent released its operational update for the second quarter and half year ended September 30, 2026, reporting standalone revenue from operations of ₹5,788 crores compared to ₹4,724 crores in the corresponding period last year, marking a 23% year-on-year growth. For the half-year period, standalone revenue reached ₹11,454 crores, up 21% year-on-year. The company also noted the opening of its 1000th Zudio store during the quarter, taking its total store portfolio across Westside, Zudio, and other lifestyle concepts to 1,342 stores.
It demonstrates continued strong top-line momentum and aggressive store expansion across key retail formats.
The company announced that Zudio, its value-fashion retail concept, officially crossed the milestone of 1,000 stores. The brand's rapid expansion spans across 300 cities with a customer base exceeding 100 million, highlighting the aggressive scaling of Trent's value retail footprint.
Marking 1,000 stores underscores the rapid scalability and market penetration of Trent's core value-fashion growth engine.
Trent reported its financial results for the quarter ended June 30, 2026, registering a standalone revenue from operations of ₹5,666 crores, up 19% year-on-year. Operating EBITDA grew 36% to ₹847 crores, while profit after tax (PAT) rose 26% to ₹532 crores. The company operated a footprint of over 18 million square feet across its fashion brands.
Provides foundational profitability metrics confirming the robust economic viability of Trent's store expansion playbook.
a press release dated August 06, 2026, titled "Press Release on Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026".
The exchange sought clarification from the company regarding a recent media report. Such a request is a verification step and does not by itself confirm the reported issue.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 14.64% on 30 June 2026. This compares with 13.92% on 31 March 2026, a change of +0.72 percentage points.
The filing reported 46 MF/UTI holders.
Research & Brokerage Views
Maintained a sell rating citing rich valuations while acknowledging strong consumer demand and category performance.
Revised target structure following the 1:2 bonus share adjustment while keeping a positive growth outlook.
Highlighted strong private label strategy and structural retail expansion potential.
What to Watch Next
- Upcoming financial results and statutory audit completion for Q2 FY27.
- Pace of new store additions across Westside and Zudio formats in Tier II and III cities.
- Sustainability of gross margins amidst emerging input cost pressures.
- Traction and scaling of emerging categories like beauty, innerwear, footwear, and the Star grocery business.
Other Dated Coverage
More TRENT news and dated analysis →
Frequently Asked Questions
What is the latest TRENT company news?
Trent released its operational update for the second quarter and half year ended September 30, 2026, reporting standalone revenue from operations of ₹5,788 crores compared to ₹4,724 crores in the corresponding period last year, marking a 23% year-on-year growth. For the half-year period, standalone revenue reached ₹11,454 crores, up 21% year-on-year. The company also noted the opening of its 1000th Zudio store during the quarter, taking its total store portfolio across Westside, Zudio, and other lifestyle concepts to 1,342 stores.
How strong was TRENT’s trading volume?
64.20 lakh shares traded, 9.62 times the 20-day average daily volume. The price and volume data are dated 6 October 2026 · 03:15 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Article by: WittyTrades Research Desk
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.