Key Highlight
Trent's upcoming bonus issue is a key driver, overshadowing mixed short-term price action and neutral technicals, while analysts maintain a strong buy sentiment.
Snapshot
Summary
The stock experienced short-term negative returns over the last 1, 3, and 5 days, contrasting with a positive 3-month return, indicating a mixed short-term outlook despite longer-term gains.
Fundamental analysis reveals strong year-over-year growth in revenue (up 19.232% YoY) and net profit (up 32.372% YoY) for Mar 2026, though quarter-over-quarter performance saw a decline.
Analysts maintain a predominantly bullish stance, with 76% recommending a Buy or Strong Buy, and there has been a slight uptick in Buy ratings compared to previous periods.
Institutional ownership saw a notable increase, particularly in DII holdings, which rose by 0.82% QoQ, suggesting growing confidence from institutional investors.
The company announced a 1:2 bonus share issue, a significant corporate action that could be of interest to shareholders.
Recent news highlights the stock's inclusion in a list of companies with upcoming corporate actions like dividends, stock splits, and bonus issues, underscoring potential near-term activity.
Latest News
- Dividend, stock split, bonus issue next week: Infosys, Adani Ent, Trent, Tata Elxsi, among others in focus - Upstox
Price & Volume
Short-term returns show a negative trend over the last 1, 3, and 5 days, with a positive return over the last 3 months.
The trend regime is neutral, with the price slightly above the 50-day moving average but below the 200-day moving average.
Momentum indicators suggest a neutral stance, with RSI at 49.76 and a bearish MACD signal.
Volatility is moderate, with the price positioned below the middle Bollinger Band and a neutral volatility regime.
The stock is trading significantly below its 52-week high, indicating a substantial drawdown from its peak.
Technicals
The market behaviour indicates a neutral trend and momentum, with short-term negative returns despite a positive 3-month return. The stock is positioned below its 52-week high, reflecting a notable drawdown. Volatility remains moderate, with the price trading below the middle Bollinger Band. Volume signals do not indicate strong conviction at this time.
Fundamentals
Revenue in Mar 2026 was ₹5,028 Cr, a decrease of -5.931% QoQ but an increase of 19.232% YoY.
Net profit for Mar 2026 stood at ₹413 Cr, down -19.02% QoQ and up 32.372% YoY.
EPS for Mar 2026 was ₹7.51, a decrease of -21.933% QoQ and an increase of 25.796% YoY.
The company's current PE is 84.2, which is 7.815% higher than the 6-month average of 78.097.
Events
The company announced a 1:2 bonus share issue. Recent announcements include the Integrated Annual Report for FY 2025-26, the Business Responsibility and Sustainability Reporting (BRSR) for FY2025-26, and notices for the Seventy-Fourth Annual General Meeting, along with newspaper publications regarding the AGM and e-voting.