Today on 23 June 2025, the market opened with negatively. Nifty was 24,939.75 and Sensex at 81,704 at 9;15 A.M. Due rising tensions in the Middle East, the Indian stock market being under pressure as the conflict between Iran and Israel deepens. Although both the indices were opened with negative sentiments. This large cap TATA group stock also opened with negatively but soars 5% up at 1:50 P.M. The stock opened at ₹ 5,850 per share, made its high ₹ 6,210 per share at 1:50 P.M and closes at ₹ 6,108. In last two days trading session the stock value hikes to 9%. The name of this TATA group of company is Trent Ltd. It is a high growth retail player with its various brand such as Zudio, UTSA, SAMOH, Westside, STAR and BOOKER. With the supervision of Noel Tata Tent Ltd. is aggressively chasing growth which is to grow the retailer 10x its current size. Noel Tata serves as the chairman of both Trent and Tata Trusts.
The key reasons:
The upside movement of this stock has multiple reasons. These are:
- On June 23, 2025, Trent was officially added to the BSE Sensex 30, replacing Nestle India and IndusInd Bank, which is expected to trigger passive fund inflows of around USD 330 million. According to Nuvama Alternative & Quantitative Research, this inflows is about 5.8 times its average daily volume (ADV).
- Instead of Westside, Trent aims to Zudio as its primary growth engine, according to reports by multiple brokerages. At its investor day on June 18, 2025, the company said its focus on value fashion brand Zudio’s expansion into micro-markets and entry into new categories to the analysts. The management will also commit for achieving 25% of annual growth as its long term target.
Recent Analyst Coverage & Price Targets
- HSBC Global Research initiated a Buy rating (target: ₹6,700), suggesting ~19% upside from its ~₹5,950 closing price as of June 20, 2025. This is because of the strong growth potential driven by the rapid expansion of its value fashion brand, Zudio.
- Morgan Stanley, Goldman Sachs, Motilal Oswal, Macquarie, and Motilal Oswal still maintain Buy/Overweight calls, with targets ranging between ₹6,800 and ₹8,120.
- Elara Capital is even more bullish, eyeing a target of ₹8,300, implying ~60% potential upside
- Nuvama raised its target price on the stock to ₹6,627 from the earlier target of ₹6,224 and suggests and and maintaining its ‘buy’ rating.
- Sharekhan also continuing its ‘buy’ rating, with a revised SOTP-based price target of ₹6,781.
The most of the sentiments are bullish because Trent showed a 37% year-on-year jump in EBITDA to ₹656 crore, which is a solid Q4 performance with a well ahead of market expectations of ₹580 crore. Margins also improved to 16%.The company was also announced a dividend of Rs 5 per equity share, subject to shareholder approval.
Trent’s total store portfolio included Zudio stores-765 (including 2 in the UAE), Westside stores-248, , and stores other lifestyle concepts stores-30.
In Conclusion, the Investors and Brokers are remain Optimistic on Trent Ltd. is due to four main key factors. These are : Zudio expansion, Gen-Z positioning, Margin improvement and Index inclusion.