Along with the bonus issue, Trent’s board will also consider recommending a dividend for its shareholders, as well as a proposal to enable employee stock option plans for eligible employees. Additionally, it will also consider a plan to raise additional funds through the issue of equity shares via rights issue or other methods.
If approved, this would mark the first-ever bonus issue announced by the Tata Group company. Earlier in June last year, the company announced a dividend of Rs 5 per equity share, while it paid dividends of Rs 3.20 in May 2024 and Rs 2.20 in May 2023. In 2016, it announced a stock split in the ratio of 10:1.
Trent share price
The shares have gained nearly 14% in just one week and 24% in one month. The stock is, however, down nearly 18% in one year. In the longer term, the shares have gained more than 218% in three years and over 498% in five years.
Today, Bajaj Broking sees Trent shares facing resistance at Rs 4,303.96 apiece and then at Rs 4,365.13 apiece on the upside. Notably, the stock has broken both resistance levels and is trading at around Rs 4,411 apiece, as of 12 pm on Tuesday. On the downside, the domestic brokerage sees the stock finding support at Rs 4,154.67 apiece and then at Rs 4,066.53 apiece.
Trent Q4 business update
Earlier this month, Trent reported a strong business update for the January-March quarter of the financial year 2026, with standalone revenue rising 20% year-on-year (YoY) to Rs 4,937 crore during the quarter under review. It added 22 Westside stores and 109 Zudio stores in Q4, taking its total retail footprint to 1,286 stores.For the fourth quarter, analysts expect Trent to report a decline in operating profit. Goldman Sachs estimates sales growth of around 18%, largely driven by like-for-like growth. This is aided by a favourable base, as like-for-like growth in Q4 FY25 was in the mid-single digits, down from high single digits in the previous quarter. On this basis, like-for-like growth of around 3% to 4% year-on-year is expected for Q4.
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