Trent Ltd Share Price

Consumer durables stocks came under selling pressure after advancing in the previous session.

At 10:25 IST, the barometer index, the S&P BSE Sensex declined 435 points or 0.55% to 78,081.49. The Nifty 50 index slumped 145.85 points or 0.47% to 24,263.25

The broader market outperformed the frontliner indices. The BSE 150 MidCap Index rose 0.06% and the BSE 250 SmallCap Index jumped 0.28%.

The market breadth was positive. On the BSE, 1,923 shares rose and 1,797 shares fell. A total of 214 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 1.62% to 18.60.

Earnings Today:

Infosys(down 0.74%), Tata Capital(up 0.99%), Aditya Birla Sun Life AMC(up 1.58%), Adani Energy Solutions(up 0.13%), BlueStone Jewellery and Lifestyle(up 0.56%), CIE Automotive India(up 0.34%), Cyient(down 0.38%), Indian Energy Exchange(up 1.07%), Mahindra Logistics(up 1.51%), Sterling and Wilson Renewable Energy(up 3.23%), Union Bank of India(down 0.72%), and UTI Asset Management Company (up 0.44%) will announce their quarterly earnings today.

Buzzing Index:

The Nifty Consumer Durables index declined 1.74% to 37,387.70. The index jumped 0.29% in the past trading session.

Havells India (down 5.6%), Voltas (down 2.64%), Crompton Greaves Consumer Electricals (down 2.59%), Blue Star (down 1.63%), Dixon Technologies (India) (down 1.15%) LG Electronics India (down 0.96%), PG Electroplast (down 0.8%), Kalyan Jewellers India (down 0.8%), Bata India (down 0.78%) and Kajaria Ceramics (down 0.73%) plunged.

Stocks in Spotlight:

Trent declined 3.65%. The company reported a 29.95% jump in standalone net profit to Rs 454.75 crore on a 20.22% increase in revenue from operations to Rs 4,936.64 crore in Q4 FY26 over Q4 FY25.

Lemon Tree Hotels shed 0.04%. The company has signed two license agreements, viz., Lemon Tree Premier, Raipur, and Lemon Tree Hotel, Jalandhar.

Oracle Financial Services Software jumped 5.13% after the company reported a 30.72% increase in consolidated net profit to Rs 841.7 crore on a 20.33% rise in revenue from operations to Rs 2,065.2 crore in Q4 FY26 over Q4 FY25.

Operating EBITDA climbed 43% YoY to Rs 668 crore. In Q4 FY26.

The company said it now operates a portfolio of over 1,250 large-box fashion stores across 321 cities, including three in the UAE.

During Q4 FY26, it added 23 Westside and 109 Zudio stores (including two in the UAE), consolidated one Westside store, and expanded into 47 new cities. For the full year, it opened 60 Westside and 212 Zudio stores (including four in the UAE), while consolidating eight Westside and 14 Zudio stores.

As of 31 March 2026, the store network included 300 Westside stores, 963 Zudio stores (including six in the UAE), and 23 stores across other lifestyle concepts, with a total retail footprint of over 17.7 million sq ft across its fashion brands.

The company said that, given its approach to merchandise sourcing, price architecture, distribution, and inventory provisioning discipline, full-year results are more representative of the business performance.

It added that the gross margin profile of Westside and Zudio remains stable. Operating EBIT margin stood at 11.5% in Q4 FY26, compared with 9.7% in Q4 FY25.

The company said emerging categories, including beauty & personal care, innerwear, and footwear, now contribute over 21% of its revenues.

It added that Westside’s online business, along with its presence on the Tata Neu platform, continues to gain traction and grow profitably. In Q4 FY26, online revenues grew 25% and accounted for over 6% of Westside’s revenues.

The company noted that Westside online follows an omnichannel model aligned with its in-store experience in terms of product offering, pricing discipline, end-of-season sales, and returns. It also said Westside records some of the highest online volumes among standalone fashion brands in India compared to peers.

On consolidated basis, net profit jumped 32.57% to Rs 413.10 crore on 19.23% increase in revenue from operations to Rs 5,027.99 crore in Q4 FY26 over Q4 FY25. The company noted that, as per accounting standards, consolidated revenues do not include the revenues of the Trent Hypermarket business. However, the results do reflect the proportionate share of profitability from the venture, accounted for using the equity method.

The Star business comprises 84 stores, including the addition of 12 stores and closure of six stores during the year ended 31 March 2026. The company said it is undertaking multiple initiatives, including technology-led interventions, aimed at enhancing differentiation and improving customer convenience.

Noel N Tata, chairman, Trent said, “In FY26, the business delivered encouraging performance, while navigating multiple macroeconomic and geopolitical developments with resilience. We believe that the consumer sentiment would recover further in the coming months once the geopolitical environment settles down.

The Indian consumer continues to evolve with growing aspirations and increasing access to a diverse set of offerings. In this context, we believe, a differentiated customer proposition that builds on relevance and ubiquitous presence will continue to see much traction. We are still in the initial laps of our growth and we remain committed to building out a portfolio of brands that address the significant market opportunity in the lifestyle space.

In our Star business, we continue to apply Trent’s playbook and the contribution of our own brands and products is now trending over 73% of revenues. We recognize that the expansion program for Star stores has been slower vis-à-vis our expectations and we are looking to accelerate this agenda in the coming years. We are also looking to make select commitments to retail real estate that allows Star to viably access dense catchments. The food and grocery opportunity is significant and the Star model is differentiated. We remain convinced that this business is well poised to deliver growing consumer value in the years ahead.”

Meanwhile, the board has recommended a dividend of Rs 6 per equity share (600%) of face value Rs 1 for FY26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). It has also approved a bonus issue in the ratio of 1:2, i.e., one bonus share for every two shares held, subject to approval. The company added that the dividend payout will be proportionately adjusted following the bonus issue, if approved.

The company’s board has approved its existing authorised share capital of Rs 85.55 crore, which includes a mix of equity and preference shares of different classes. It has also proposed restructuring the entire authorised share capital into Rs 85.55 crore, divided solely into 85,55,00,000 equity shares of Rs 1 each.

Furthermore, the company’s board has approved an enabling resolution to raise up to Rs 2,500 crore through the issuance of equity shares. The funds may be raised via a rights issue or other permitted methods, either individually or in combination, and in one or more tranches, subject to necessary regulatory and shareholder approvals. The timing of the fundraise will be decided and undertaken in due course.

The company also approved the appointment of Bahram Vakil as a non-executive non-independent director and reappointed Ravneet Singh Gill and Hema Ravichandar as independent directors for a second term.

Trent is part of the Tata Group and operates a portfolio of retail concepts. The primary customer propositions of Trent include Westside, one of India's leading chains of fashion retail stores, Zudio, a one stop destination for great fashion at great value and Star, which operates in the competitive food, grocery and daily needs segment.

The counter fell 1.10% to Rs 4,386.90 on the BSE.

For the full year,net profit rose 11.18% to Rs 1719.65 crore in the year ended March 2026 as against Rs 1546.72 crore during the previous year ended March 2025. Sales rose 17.16% to Rs 20074.21 crore in the year ended March 2026 as against Rs 17134.61 crore during the previous year ended March 2025.

Operating EBITDA climbed 43% YoY to Rs 668 crore. In Q4 FY26.

The company said it now operates a portfolio of over 1,250 large-box fashion stores across 321 cities, including three in the UAE.

During Q4 FY26, it added 23 Westside and 109 Zudio stores (including two in the UAE), consolidated one Westside store, and expanded into 47 new cities. For the full year, it opened 60 Westside and 212 Zudio stores (including four in the UAE), while consolidating eight Westside and 14 Zudio stores.

As of 31 March 2026, the store network included 300 Westside stores, 963 Zudio stores (including six in the UAE), and 23 stores across other lifestyle concepts, with a total retail footprint of over 17.7 million sq ft across its fashion brands.

The company said that, given its approach to merchandise sourcing, price architecture, distribution, and inventory provisioning discipline, full-year results are more representative of the business performance.

It added that the gross margin profile of Westside and Zudio remains stable. Operating EBIT margin stood at 11.5% in Q4 FY26, compared with 9.7% in Q4 FY25.

The company said emerging categories, including beauty & personal care, innerwear, and footwear, now contribute over 21% of its revenues.

It added that Westside’s online business, along with its presence on the Tata Neu platform, continues to gain traction and grow profitably. In Q4 FY26, online revenues grew 25% and accounted for over 6% of Westside’s revenues.

The company noted that Westside online follows an omnichannel model aligned with its in-store experience in terms of product offering, pricing discipline, end-of-season sales, and returns. It also said Westside records some of the highest online volumes among standalone fashion brands in India compared to peers.

On a consolidated basis, net profit jumped 32.57% to Rs 413.10 crore on a 19.23% increase in revenue from operations to Rs 5,027.99 crore in Q4 FY26 over Q4 FY25. The company noted that, as per accounting standards, consolidated revenues do not include the revenues of the Trent Hypermarket business. However, the results do reflect the proportionate share of profitability from the venture, accounted for using the equity method.

The Star business comprises 84 stores, including the addition of 12 stores and the closure of six stores during the year ended 31 March 2026. The company said it is undertaking multiple initiatives, including technology-led interventions, aimed at enhancing differentiation and improving customer convenience.

Noel N Tata, chairman, Trent said, “In FY26, the business delivered encouraging performance while navigating multiple macroeconomic and geopolitical developments with resilience. We believe that the consumer sentiment would recover further in the coming months once the geopolitical environment settles down.

The Indian consumer continues to evolve with growing aspirations and increasing access to a diverse set of offerings. In this context, we believe, a differentiated customer proposition that builds on relevance and ubiquitous presence will continue to see much traction. We are still in the initial laps of our growth and we remain committed to building out a portfolio of brands that address the significant market opportunity in the lifestyle space.

In our Star business, we continue to apply Trent’s playbook and the contribution of our own brands and products is now trending over 73% of revenues. We recognize that the expansion program for Star stores has been slower vis-à-vis our expectations and we are looking to accelerate this agenda in the coming years. We are also looking to make select commitments to retail real estate that allows Star to viably access dense catchments. The food and grocery opportunity is significant and the Star model is differentiated. We remain convinced that this business is well poised to deliver growing consumer value in the years ahead.”

Meanwhile, the board has recommended a dividend of Rs 6 per equity share (600%) of face value Rs 1 for FY26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). It has also approved a bonus issue in the ratio of 1:2, i.e., one bonus share for every two shares held, subject to approval. The company added that the dividend payout will be proportionately adjusted following the bonus issue, if approved.

The company’s board has approved its existing authorised share capital of Rs 85.55 crore, which includes a mix of equity and preference shares of different classes. It has also proposed restructuring the entire authorised share capital into Rs 85.55 crore, divided solely into 85,55,00,000 equity shares of Rs 1 each.

Furthermore, the company’s board has approved an enabling resolution to raise up to Rs 2,500 crore through the issuance of equity shares. The funds may be raised via a rights issue or other permitted methods, either individually or in combination, and in one or more tranches, subject to necessary regulatory and shareholder approvals. The timing of the fundraise will be decided and undertaken in due course.

The company also approved the appointment of Bahram Vakil as a non-executive non-independent director and reappointed Ravneet Singh Gill and Hema Ravichandar as independent directors for a second term.

Trent is part of the Tata Group and operates a portfolio of retail concepts. The primary customer propositions of Trent include Westside, one of India's leading chains of fashion retail stores, Zudio, a one stop destination for great fashion at great value and Star, which operates in the competitive food, grocery and daily needs segment.

The counter added 0.96% to end at Rs 4,435.60 on the BSE.

Auto shares surge for second consecutive trading sessions.

At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 212.99 points or 0.27% to 78,706.53. The Nifty 50 index rose 44.40 points or 0.18% to 24,397.95.

In the broader market, the BSE 150 MidCap Index rose 0.16% and the BSE 250 SmallCap Index fell 0.01%.

The market breadth was almost even. On the BSE, 1,872 shares rose and 2,456 shares fell. A total of 188 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 5.52% to 18.16.

Buzzing Index:

The Nifty Auto index jumped 0.49% to 26,564.60. The index rose 0.69% for two consecutive trading sessions.

Tube Investments of India (up 2.71%), Uno Minda (up 2.52%), Hero MotoCorp (up 1.13%), Bosch (up 0.83%) and Ashok Leyland (up 0.76%), Mahindra & Mahindra (up 0.73%), TVS Motor Company (up 0.69%), Bajaj Auto (up 0.63%), Eicher Motors (up 0.6%) and Exide Industries (up 0.2%) surged.

s Numbers to Track:

The yield on India's 10-year benchmark federal paper rose 0.28% to 6.924 compared with previous session close of 6.905.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 93.2100 compared with its close of 92.9100 during the previous trading session.

MCX Gold futures for 5 June 2026 settlement shed 0.72% to Rs 153,500.

The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.21% to 98.31.

The United States 10-year bond yield increased 0.49% to 4.264.

In the commodities market, Brent crude for June 2026 settlement jumped $5.48 or 6.06% to $95.86 a barrel.

Stocks in Spotlight:

Trent rallied 3.51% after the company’s board will meet on Wednesday, 22 April 2026 to consider a bonus issue of equity shares for shareholders.

Bondada Engineering fell 0.24%. The company has secured multiple orders aggregating to Rs 3.94 crore from domestic entities, including Singareni Collieries Company, Pratap Technocrats, and IIT Hyderabad.

Multi Commodity Exchange of India rose 0.58% after the company has received approval from the Securities and Exchange Board of India (SEBI) to invest in a proposed coal exchange company. The exchange plans to incorporate a wholly owned subsidiary, likely to be named MCX Coal Exchange or MCX Coal Exchange of India, following SEBI’s approval granted on 17 April 2026.

Further, the board will consider recommending a dividend on equity shares for the year ended 31st March 2026, subject to shareholders’ approval.

Additionally, the board will evaluate raising additional funds through the issue of equity shares through right issue or any other permissible mode.

Trent is part of the Tata Group and operates a portfolio of retail concepts. The primary customer propositions of Trent include Westside, one of India's leading chains of fashion retail stores, Zudio, a one stop destination for great fashion at great value and Star, which operates in the competitive food, grocery and daily needs segment.

The company reported a 36.3% jump in standalone net profit to Rs 639.71 crore on 15.98% increase in revenue from operations to Rs 5,259.46 crore in Q3 FY26 over Q3 FY25.

Consumer durables, realty and private bank shares witnessed strong buying interst while oil& gas, pharma and media shares traded lower.

At 13:25 ST, the barometer index, the S&P BSE Sensex, advanced 496.73 points or 0.68% to 73,816.28. The Nifty 50 index rose 158.65 points or 0.70% to 22,871.75.

In the broader market, the BSE 150 MidCap Index advanced 0.81% and the BSE 250 SmallCap Index rose 0.77%.

The market breadth was negative. On the BSE, 3,000 shares rose and 1,204 shares fell. A total of 212 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 0.90% to 25.75.

RBI MPC update:

The Reserve Bank of India’s Monetary Policy Committee (MPC) has begun its first meeting for FY 2026–27, scheduled from April 6 to April 8, with the policy announcement due on the final day.

Economists largely expect the central bank to keep the repo rate unchanged at 5.25%, as inflationary pressures remain a concern. Ongoing geopolitical tensions in West Asia are seen as a key risk to price stability, prompting policymakers to adopt a cautious approach despite earlier rate cuts.

Economy:

India’s services sector saw a slight cooling in momentum in March, with the seasonally adjusted HSBC India Services PMI Business Activity Index easing to 57.5 from 58.1 in February. This marks the slowest pace of expansion in 14 months.

Gainers & Losers:

Trent (up 7.05%), Titan Company (up 3.50%), Axis Bank (up 2.93%) and Shriram Finance (up 2.67%) were the major Nifty50 gainers.

Reliance Industries (down 3.49%), JSW Steel (down 1.89%), Oil & Natural Gas Corporation (ONGC) (down 1.43%), Max Healthcare (down 1.18%) and Dr Reddy’s Laboratories (down 0.84%) were the major Nifty50 losers.

Stocks in Spotlight:

HDFC Bank rose 2.36% after the bank’s average deposits jumped 12.8% to Rs 28,51,100 crore crore in Q4 FY26 compared with Rs 25,28,000 crore in Q4 FY25.

Kotak Mahindra Bank rose 0.29%. The bank’s average total deposits rose 14.9% YoY to Rs 5,38,301 crore as of 31 March 2026, compared with Rs 4,68,486 crore as of 31 March 2025. The bank’s average CASA deposits stood at Rs 2,11,898 crore as of 31 March 2026, registering a 12.7% YoY growth and a 1.9% QoQ rise.

IndusInd Bank rose 0.18%. The bank reported a 2.6% decline in deposits to Rs 4,00,178 crore as of 31 March 2026, compared with Rs 4,10,862 crore as of 31 March 2025. Retail deposits and deposits from small business customers stood at Rs 1,91,276 crore as of 31 March 2026, compared with Rs 1,85,180 crore as of 31 March 2025.

Avenue Supermarts (Dmart) jumped 2.87% after the company reported a 18.96% jump in standalone revenue to Rs 17,204.50 crore in Q4 March 2026 compared with Rs 14,462.39 crore posted in corresponding quarter last year.

Axis Bank rallied 3.20% after the bank reported steady growth in key business metrics for the quarter ended 31 March 2026, driven by continued traction in advances and deposits. Total deposits rose to Rs 13,35,800 crore, up 6.0% QoQ and 13.9% YoY. Gross advances stood at Rs 12,44,200 crore as of 31 March 2026, registering a 6.3% quarter-on-quarter (QoQ) rise and an 18.4% year-on-year (YoY) increase, reflecting sustained credit demand.

L&T Finance jumped 4.85% after the company’s retail disbursement climbed 62% to Rs 24,080 crore in Q4 FY26, compared with Rs 14,899 crore recorded in Q4 FY25.

Senco Gold zoomed 12.45% after the company’s standalone revenue jumped 46% YoY, led by wedding season. On annual basis, the company achieved revenue growth of 35% in FY26 comapred with 21% in FY25.

Vedanta added 0.61%. The company’s aluminium production jumped 2% to 613,000 tonnes in Q4 FY26, compared with 604,000 tonnes posted in Q4 FY25, supported by majorly through operational efficiencies.

Bank of Baroda rose 2.70% after the bank reported a 16.23% increase in global advances to Rs 14,30,204 crore as of 31 March 2026, compared with Rs 12,30,461 crore as of 31 March 2025. Global deposits increased 12.00% YoY to Rs 16,48,650 crore as of 31 March 2026, up from Rs 14,72,035 crore in the same period last year.

Nykaa surged 2.70% after it has reported a strong operational performance for the quarter ended 31 March 2026, with consolidated GMV growth in the high twenties and net sales value (NSV) growth in the low thirties.

Aurobindo Pharma rose 0.09%. The company said its board has approved a share buyback of up to Rs 800 crore at a price of Rs 1,475 per equity share through the tender offer route. The company plans to repurchase up to 54,23,728 fully paid-up equity shares, representing about 0.93% of its total paid-up equity capital. As per the latest available shareholding data, promoters and promoter group entities hold a 51.82% stake in the company.

Global Markets:

European market is closed today on account of Easter Monday.

Japan and South Korean stocks rose Monday, while most Asian markets were closed for holidays, as investors parsed the latest developments in the Middle East conflict over the weekend.

President Donald Trump on Sunday issued a fresh round of threats to attack Iran’s power plants and civilian infrastructure starting Tuesday, if Tehran failed to fully reopen the Strait of Hormuz.

The key oil chokepoint between Iran and the Arabian Peninsula handled about one-fifth of the world’s oil supplies before the war between U.S.-Israel and Iran started on Feb. 28.

In an expletive-laden social media post, Trump vowed to bring 'Hell” to Iran after U.S. forces rescued an American airman in Iran last week.

He later posted about a 'Tuesday 8 P.M. Eastern Time” deadline without elaborating. The White House on Sunday told MS NOW that the date is the new deadline for Iran to reach a deal with the U.S.

Trump said he will hold a press conference 'with the Military” at the Oval Office at 1 p.m. on Monday.

Iran has pushed back against Trump’s ultimatum to reopen the Strait of Hormuz, saying that the critical waterway would only reopen fully after damage from the war is compensated. Tehran has continued strikes on economic and infrastructure targets in the neighboring Gulf region, including Kuwait’s oil headquarters.

Eight members of the Organization of the Petroleum Exporting Countries and allies raised their production quotas on Sunday by 206,000 barrels per day for May, though the move appeared largely symbolic as the war has constrained shipments from several members.

On Thursday, the Dow Jones Industrial Average slipped in volatile trading as oil prices surged following President Donald Trump’s remarks that the Iran war would continue for weeks.

The blue-chip Dow declined 61.07 points, or 0.13%, closing at 46,504.67. The S&P 500 advanced 0.11% to end at 6,582.69, and the Nasdaq Composite gained 0.18% to settle at 21,879.18.

In the cash market, the Nifty 50 index surged 255.15 points or 1.12% to 22,968.25.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was down 0.20% to 25.47.

HDFC Bank, Reliance Industries and Trent were the top-traded individual stock futures contracts in the F&O segment of the NSE.

The April 2026 F&O contracts will expire on 28 April 2026.