Trent shares, Trent share price, Trent stock, Noel Tata, Tata AGM, Trent, markets news

Trent shares surged around 4 percent to Rs 3,277, leading gains on the Sensex and Nifty, after multiple brokerages turned bullish following the Tata AGM. Chairman Noel Tata reiterated aspirations to scale revenues and profits 10x from FY23 levels, backed by plans to add 50 Westside and 200-250 Zudio stores annually, alongside international expansion. Morgan Stanley maintained Overweight with a Rs 3,151 target, HSBC raised its target to Rs 3,460, and Motilal Oswal kept its Rs 3,500 target, highlighting long-term potential of 5,000 Zudio stores versus around 960 currently.