TRENT

stock declines 4% despite solid Q4 performance; here’s what Goldman Sachs, Morgan Stanley, and other brokerages say

Synopsis: Shares of

declined even after reporting a strong Q4 FY26 performance. The company posted a 26% year-on-year rise in net profit to ₹400 crore, while revenue increased 19% to ₹5,028 crore, highlighting robust operational momentum. Despite this, the stock witnessed mild profit booking. Detailed Update: share price today: Shares of the Tata Group-backed lifestyle retailer fell nearly 4% to ₹4,252 on the NSE on Thursday, even as the company delivered impressive quarterly results. For the quarter ended March 31, 2026, reported a consolidated net profit of ₹400 crore, marking a 26% increase compared to ₹318 crore in the same period last year. The company’s revenue from operations stood at ₹5,028 crore, registering a 19% growth year-on-year, driven by strong traction in its key retail formats such as Zudio and Westside. What analysts are saying: Global brokerages like Goldman Sachs and Morgan Stanley acknowledged Trent’s strong execution and consistent growth trajectory. However, some analysts flagged concerns around: Rich valuations after recent rally Moderation in demand outlook Impact of future expansion and capital allocation plans Most brokerages maintain a constructive long-term view, while recommending caution in the near term due to elevated valuations. Key takeaway: Despite delivering strong financial performance, the decline in stock price reflects profit booking and cautious sentiment, as markets had already priced in much of the growth. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.