TRENT.NS Stock Today: April 7 – Q4 Surge Lifts Shares After 50% Fall

Trent share price rallied today after the Trent Q4 business update signalled steady growth and faster expansion. Shares of TRENT.NS rose about 7.7% to ₹3,823, with intraday highs near ₹3,899. Revenue grew 20% year on year in Q4 FY26 and new stores lifted footfall, led by Zudio. Still, the stock remains over 50% below its 2024 peak. We break down what moved the price, how the update stacks up, and what to watch before April’s earnings.

Stock move: rebound on volume

Trent share price jumped to ₹3,823, up ₹272 or 7.7% today. The day’s range was ₹3,776 to ₹3,899, with volume of 19.9 lakh shares, about double its recent average. Market cap stands near ₹1.36 lakh crore. Price reclaimed the 50-day average around ₹3,795, though it still trades well below the 200-day average near ₹4,535. Local media also flagged Q4 traction as the key driver source.

Despite today’s spike, Trent share price is still down more than 50% from the 2024 peak, with 6-month returns at -19.8% and 1-year at -19.1%. Year-to-date performance is -10.8%. The 52-week high is ₹6,261 and the low is ₹3,275. Sentiment has been fragile after a steep drawdown, as widely reported source.

Trent Q4 business update: key takeaways

Management indicated about 20% year-on-year revenue growth for Q4 FY26, with rapid store additions aiding scale. Zudio store expansion continued to lead new openings, supporting volumes and customer acquisition. While the update points to healthy demand, investors will watch if a larger value mix compresses margins in the near term. Trent share price reacted quickly to the growth signal.

We will track commentary on like-for-like growth, inventory turns, and any colour on regional demand. The April 29, 2026 earnings will be important for margin and cash flow trends. Clearer visibility on store-level economics, especially for Zudio, can stabilize Trent share price. The update’s tone was constructive, but proof on profitability will decide how sustainable the bounce is.

Street view and valuation check

Brokerage views remain mixed. Goldman Sachs is Neutral with a ₹4,080 target price. Citi maintain a Citi sell rating with a ₹3,800 target, citing risk that dense expansion may cannibalize sales, especially in overlap markets. Until Trent shows margin resilience with growth, analysts expect higher near-term swings in Trent share price.

On trailing metrics, the stock trades at about 83x EPS of ₹46.16 and 7.07x sales. EV/EBITDA is near 46x, dividend yield around 0.13%, and ROE about 30%. These are rich for retail peers. Earnings on April 29, 2026 will test whether growth and margins can justify the multiples and support Trent share price.

Technical setup and levels to watch

Momentum improved: RSI is 57.6, ADX is 36.6, and MACD histogram turned positive. Price neared the upper Bollinger Band at ₹3,872 and Keltner upper near ₹3,904, while CCI around 211 signals overbought. This setup often brings pause or consolidation. If buyers hold above the 50-day average, Trent share price can attempt higher levels.

Immediate resistance is ₹3,900–₹3,905. Supports sit near the 50-day average at ₹3,795 and the middle Bollinger Band around ₹3,574. ATR of ₹149 implies large intraday swings. Traders may size positions conservatively and use stop-losses. For investors, a close above the 200-day average near ₹4,535 would strengthen the medium-term trend in Trent share price.

Final Thoughts

Today’s bounce in Trent share price reflects confidence in the Trent Q4 business update: around 20% revenue growth and strong store openings, led by Zudio. Yet the stock still sits far below past highs and trades at premium valuations. We suggest tracking April 29 results for margin direction, cash conversion, and store-level returns. Watch whether Zudio store expansion scales profits without cannibalizing sales. For traders, the ₹3,900 zone is a hurdle, with supports at ₹3,795 and ₹3,574. Investors may prefer adding only on confirmed strength above key averages or after earnings clarity.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.