07 Oct 2025 | 5 Mins Read

Trent's shares decline 3% following underwhelming Q2 update

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Trent Ltd's Q2FY26 standalone revenue is expected to rise 17% YoY to Rs 5,002 crore, its slowest growth since March 2021. Morgan Stanley trimmed its target price to Rs 5,892 and Equirus downgraded to 'reduce' from 'add' citing growth fatigue. Motilal Oswal maintained its 'buy' call expecting store additions to drive growth. Share price fell 3% to Rs 4,636.8 on the NSE.