Investors looking to participate in Trent Ltd's inaugural bonus issue have until Wednesday, June 3, 2026, to purchase shares. The Tata Group company's stock is set to trade ex-bonus on Thursday, June 4, 2026, meaning only existing shareholders as of the record date will be eligible for the bonus shares.
Trent's Stock Performance and Financial Highlights
Trent's share price has experienced considerable volatility, currently trading approximately 50% down from its all-time high of Rs 8,235, recorded in October 2024. Despite this decline, the stock has delivered robust returns over the long term, gaining nearly 400% in the last five years. More recently, it is down 33% from its 52-week high of Rs 6,259 (June 30, 2025) but up 31% from its 52-week low of Rs 3,276.10 (March 30, 2026).
The company recently reported strong financial results for the quarter ended March 31, 2026. Net profit surged by 32.57% year-over-year to Rs 413.10 crore, while revenue grew by 19.23% YoY to Rs 5,027.99 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also saw a significant increase of 44% YoY, reaching Rs 653 crore. During this period, Trent expanded its retail footprint by adding 23 new Westside stores and 109 new Zudio stores.
Analyst Outlook and Dividend History
Alongside the bonus issue, Trent also declared a final dividend of Rs 6 per share for the reported quarter, continuing its consistent dividend payout policy. In previous years, the company announced dividends of Rs 5 per share (June 2025), Rs 3.2 (May 2024), and Rs 2.2 (May 2024).
Several brokerage firms maintain a positive outlook on Trent. Elara Capital issued an 'accumulate' rating with a target price of Rs 4,800, citing the company's COCO-focused expansion in tier-II/III markets and resilient margins. Geojit Investments gave a 'buy' rating with a target price of Rs 4,712, highlighting strong performance driven by store expansion, enhanced customer propositions, and a robust omnichannel strategy. ICICIDirect Research also maintained a 'buy' rating, setting a target price of Rs 5,075, while adjusting PAT estimates due to anticipated higher depreciation from accelerated store expansion.
Elara Capital noted, "COCO-focused expansion in tier -II/III markets provide revenue visibility as revenue profile of newer stores matures. We expect margin to remain resilient despite soft LFL for value fashion."
The company's management remains optimistic about market sentiment recovery and is focused on building a differentiated portfolio, supported by strategic investments in store upgrades, supply chain automation, and digital initiatives.