Trent gains on revenue jump as BofA starts Buy coverage
In short
Trent shares hit the 10% upper circuit after reports said Q2FY27 standalone revenue rose 23% year on year to ₹5,788 crore. The summaries also said BofA Securities started coverage with a Buy rating and a target price of ₹3,075.
This matters because the stock moved sharply higher on the revenue update and new broker coverage. The reporting does not give the full quarterly results or explain every reason for the jump.
What the reporting says
Trent shares hit the 10% upper circuit after publisher summaries said Q2FY27 standalone revenue rose 23% year on year to ₹5,788 crore, with strength in Zudio and Westside, while BofA Securities initiated coverage with a Buy rating and a target price of ₹3,075. The available reporting points to strong investor reaction and positive broker coverage, but it does not provide the company’s full earnings or the exact trigger for the move. The immediate consequence is a sharp rally.
Why it matters
Trent shares hit the 10% upper circuit after summaries said Q2FY27 standalone revenue rose 23% year on year to ₹5,788 crore, supported by Zudio and Westside, and BofA Securities initiated coverage with a Buy rating and a target price of ₹3,075. The event matters because it combines operating growth with a bullish brokerage call. The reporting does not provide full earnings data or management guidance.