{"id":288866,"date":"2026-10-06T10:31:12","date_gmt":"2026-10-06T05:01:12","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=288866"},"modified":"2026-10-06T10:31:12","modified_gmt":"2026-10-06T05:01:12","slug":"trent-share-price-upper-circuit-q2-update-hsbc-target","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/trent-share-price-upper-circuit-q2-update-hsbc-target\/","title":{"rendered":"Trent Share Price Hits a 10% Upper Circuit After the Q2 Update: Revenue Up 23%, the 1,000th Zudio Store, HSBC’s Rs 3,390 Target, Citi’s Sell and Whether the Tata Group Stock Can Rise Further"},"content":{"rendered":"

Trent +10% to Rs 2,832.50 on 6 Oct. Q2 revenue Rs 5,788 cr (+23%); 1,000th Zudio store. HSBC Rs 3,390, MS Rs 3,406, Macquarie Rs 3,600, Citi Sell Rs 2,950.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Trent share price hit a 10% upper circuit at Rs 2,832.50 on 6 October after the Tata Group retailer reported Q2 FY27 standalone revenue of Rs 5,788 crore, up 23% year on year and ahead of Morgan Stanley’s 20% estimate, with H1 revenue up 21% to Rs 11,454 crore. The update included the 1,000th Zudio store and the addition of 10 Westside and 17 Zudio stores in Q2. HSBC has a Buy with a Rs 3,390 target, Morgan Stanley Rs 3,406 and Macquarie Outperform at Rs 3,600, while Citi has a Sell with Rs 2,950. After a 10% jump the upside to the Buy targets is about 20% to 27% and to Citi’s target only about 4%, so margins and profit in the full Q2 results will decide how much further the stock can rise.<\/p>\n<\/p><\/div>\n

Trent share price jumped 10% to the upper circuit at Rs 2,832.50 on Tuesday, 6 October, from a previous close of Rs 2,575, lifting the company’s market capitalisation to about Rs 1.51 lakh crore. The rally followed the Q2 business update from the owner of Westside, Zudio and Star Bazaar, which showed revenue growth accelerating despite a shift in the festive calendar.<\/p>\n

If you are asking whether the Trent share price can rise further, this article covers the Trent Q2 update with revenue of Rs 5,788 crore, the Zudio milestone, the Trent target price from HSBC, Morgan Stanley, Macquarie and Citi, the upside after the jump, the oversold backdrop, what the update does not tell you about like-for-like growth and margins, and the risks. Brokerage views and prices are as reported on 6 October, so recheck live data.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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