$TRENT

$TRENT Nifty closed Wednesday above 24,000 at 24,085.70, marking its fourth straight day of gains, with retail and consumer discretionary names among the standout performers in the rally. Trent, the Tata Group retail major, has been one of the sharpest comeback stories on the index. The stock rebounded nearly 40% from its 52-week low of around Rs 2,183, hit in late March, after touching a 52-week high of over Rs 4,174 just last June. The recovery has been fundamentals-backed: Q4 FY26 profit after tax rose 30% YoY to Rs 455 crore, EBITDA margins expanded over 260 bps to 18.6%, and revenue grew 20% YoY to Rs 4,937 crore. The company also executed its first-ever 1:2 bonus share issue this June, alongside plans to raise Rs 2,500 crore via rights issue for store expansion. Analysts currently hold a long-term "Buy" rating on the stock.