Trent stock: Goldman Sachs raises target for Trent stock from INR 2,960 to INR 3,010

Published on 10/16/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 23.00 percent. Trent stock costs INR 2,958.70 on October 16, 2026, up 0.31 percent versus its prior close.

Target and results date

Goldman Sachs lifted its Trent target from INR 2,960 to INR 3,010 on October 6, 2026.
Trent reported converted revenue of INR 57.88 billion for the second quarter of fiscal 2026-27, up 23.00 percent year over year.
Trent stock was last quoted at INR 2,958.70 on NSE on October 16, 2026 at 3:28 p.m. IST, up 0.31 percent from the prior close of INR 2,949.70.
Trent's board is scheduled to consider second-quarter and first-half results on October 29, 2026.

Trent, INE849A01020, Illustration mit AI erstellt.

Goldman Sachs raised its Trent target from INR 2,960 to INR 3,010 on October 6, 2026. At INR 2,958.70, the target stood 1.73 percent above Trent's latest NSE price, calculated in the same currency. Trent was last quoted at INR 2,958.70 on October 16, 2026 at 3:28 p.m. IST, up 0.31 percent from the prior close of INR 2,949.70.

Revenue growth sets the backdrop

Trent's standalone revenue from operations rose 23.00 percent year over year to converted INR 57.88 billion in the second quarter of fiscal 2026-27, from INR 47.24 billion a year earlier, according to ET Now. The company also opened 17 Zudio stores and 10 Westside stores during the quarter, bringing its Zudio network to 1,000 stores by September 30, 2026.

Price position and trading activity

The NSE price was 39.24 percent above its 52-week low of INR 2,183.67 and 39.12 percent below its 52-week high of INR 4,866.50 on October 16, 2026. Volume was 521,669 shares against an average of 950,038 shares, leaving the session below its recent average activity.

Valuation and October date

Trent's market capitalization was INR 1.6 trillion and its trailing price-to-earnings ratio was 64.31 on October 16, 2026. The next scheduled corporate date is October 29, 2026, when the board is due to consider the unaudited standalone and consolidated results for the second quarter and first half ended September 30, 2026, as Zee Business reported.

Comparison with peers

Trent (NSE, INR): plus 0.31 percent, P/E 64.31, market capitalization INR 1.6 trillion

Aditya Birla Fashion and Retail (NSE, INR): minus 0.07 percent, P/E minus 6.99, market capitalization INR 54.5 billion

Avenue Supermarts (NSE, INR): minus 1.08 percent, P/E 69.89, market capitalization INR 2.2 trillion

Listing and market context

Trent Limited is listed on the NSE under ticker TRENT and operates in specialty retail, with Westside, Zudio and Star Market among its retail formats, according to Sharpely. The October 16 price places the stock between its yearly low and high while the upcoming results date gives the market a defined event to watch.