Trent shares hit 10% upper circuit after Q2 revenue rises 23% YoY to Rs 4,724 crore. Should you buy, sell or hold?

What happened: Trent shares hit a 10% upper circuit after Q2 revenue rose 23% YoY to Rs 4,724 crore. The company opened its 1,000th Zudio store in the quarter. Key numbers: Q2 revenue Rs 4,724 crore, up 23% YoY. H1FY27 revenue Rs 11,454 crore, up 21% YoY from Rs 9,505 crore. 1,342 stores as of September 30, 2026. Why it matters: BofA initiated coverage with a Buy rating and Rs 3,075 target, citing a differentiated retail platform and supply-chain capabilities. It noted Trent holds about 2% of India's fashion retail market, leaving room for share gains.

Trent shares hit a 10% upper circuit after Q2 revenue rose 23% YoY to Rs 4,724 crore. The company opened its 1,000th Zudio store in the quarter.

BofA initiated coverage with a Buy rating and Rs 3,075 target, citing a differentiated retail platform and supply-chain capabilities. It noted Trent holds about 2% of India's fashion retail market, leaving room for share gains.