Trent surges 8%, hits record high on hopes of strong earnings

The stock has gained 19 per cent in the last one month after the company reported a strong set of numbers for the December quarter and the management showed optimism over the future growth.

Shares of Trent hit an all-time high of Rs 1,262.80, on rallying 8 per cent on the BSE in Thursday’s intra-day trade amid expectations of strong earnings backed by robust recovery in revenue. The stock of Tata Group company surpassed its previous high of Rs 1,211.95 touched on January 19, 2022.

Trent operates Westside, one of India's leading chains of fashion retail stores, Trent Hypermarket which operates in the competitive food, grocery and daily needs segment under the Star banner, Landmark Stores, a family entertainment format store & Zudio which is a one shop destination to get fashion at