Trent share price: Shares of Tata group's retail arm Trent Limited, which owns and operates Westside and Zudio, rallied 10 per cent in Tuesday's early trade following a better-than-expected revenue print for the second quarter of the financial year (Q2 FY27).
Trent's stock opened at ₹2,800 on the BSE and soon hit the 10 per cent upper price band of ₹2,832.50, which pushed its market capitalisation past the ₹1.5 trillion mark. So far this year, the Tata Group stock is down just 1 per cent while it has lost 11 per cent in a year.

On a longer time frame of two years, the stock is down 42 per cent. Meanwhile, in three and five years, it has delivered multibagger gains of 105 per cent and 306 per cent, respectively. CHECK Stock Market LIVE Updates Trent Q2 business updateThe company, in an exchange filing on Monday, said that its standalone revenue grew 23 per cent year-on-year (YoY) in Q2 to ₹5,788 crore from ₹4,724 crore in the same period a year ago, primarily driven by an increase in store count.
This was significantly above Motilal Oswal Financial Services' estimates of 18 per cent. For the first half of FY27, the growth stood at 21 per cent YoY to ₹11,454 crore. Revenue from sale of merchandise (excluding other operating income) also grew by 23 per cent and 21 per cent during the quarter and the half-year ended September 2026, respectively.

Trent has been on a rapid expansion spree and opened the 1000th Zudio Store during the quarter. Its portfolio stands at 1,342 stores across Westside, Zudio and other lifestyle brands. The net store addition for Westside was 10, and for Zudio, it was 17 during the September quarter, the exchange filing showed.
Seema Srivastava, senior research analyst at SMC Global, said that based on Trent's Q2FY27 and H1FY27 update, the company continues to present a strong long-term growth story, supported by robust revenue growth and aggressive store expansion. According to her, the biggest positive is Zudio, which crossed the 1,000-store milestone during the quarter, while Trent’s overall portfolio reached 1,342 stores.

Zudio added 36 net stores during H1FY27, highlighting significant room for further expansion. "For long-term investors, Trent offers attractive structural growth through store additions, increasing brand penetration, and potential operating leverage.
Overall, the business outlook remains highly promising for the long-term perspective." Harish Jujarey, AVP, head of technical research at Prithvi Finmart, said that Trent stock had been in a correction phase for the last two months and precisely halted near the downward sloping trendline support in yesterday’s session.

From there, it witnessed a strong jump and also crossed its 200-DMA. "Going ahead, 2,770, which is the 200-DMA, will now act as the immediate support, followed by 2,640. On the upside, 3,000 will be the immediate hurdle. A decisive move above 3,000 could extend the rally towards 3,200 -3,300 levels," according to him.
Overall, the technical setup remains constructive for the short to medium term scenario, Jujarey noted.