Overview
- Trent began trading ex-bonus on June 4, 2026 after announcing a one-for-two (1:2) bonus issue with the record date moved to June 4, the deemed allotment set for June 5, and bonus shares due to list on June 8.
- The stock opened around Rs 2,833 on the ex-bonus day and traded near Rs 2,817 after a proportional price adjustment from the prior close near Rs 4,258.
- Several broker and trading apps displayed the prior unadjusted price, which made the move look like a 33–34% drop for some users even though the company’s market capitalisation did not change.
- Trent reported a strong March quarter with net profit up about 32.6% to Rs 413.10 crore, revenue up 19.2% to Rs 5,028 crore, EBITDA rising roughly 44% and continued expansion with new Westside and Zudio stores; the firm also declared a final dividend of Rs 6 per share.
- Analysts from multiple brokerages issued buy or accumulate calls with pre-bonus targets that must be adjusted for the 1:2 issuance, and investors should confirm eligibility, allotment timing and updated targets before trading.