Trent share price Rs 2,772.20 on 4 June 2026 (9:38 AM), down 34.89% on ex-bonus day. Bonus ratio 1:2 (1 share per 2 held). Theoretical ex-price Rs 2,838.40 (Rs 4,257.60 x 2/3). Actual open Rs 2,830 confirms mechanical adjustment only. HSBC Buy, pre-bonus target Rs 4,830, post-bonus adjusted ~Rs 3,220 (16% upside from CMP). HDFC Sec post-bonus adj ~Rs 3,000. Bonus allotment by June 21. Dividend Rs 6/share (600%), record date June 12, 2026. Q4 FY26 PAT +32.6% to Rs 413.1 Cr. Zudio 854 stores. First bonus in ~30 years.