Trent shares hit 10% upper circuit after Q2 revenue rises 23% YoY to Rs 5,788 crore. Should you buy, sell or hold?

Shares of Tata Group’s retail arm Trent rallied as much as 10% to hit an upper circut of Rs 2,832 on the BSE on Tuesday after the company reported a 23% year-on-year (YoY) rise in standalone revenue from operations to Rs 5,788 crore for the quarter ended September 30, 2026, from Rs 4,724 crore a year earlier, according to its exchange filing.

For the first half of FY27, revenue increased 21% YoY to Rs 11,454 crore, compared with Rs 9,505 crore in the corresponding period a year earlier. Revenue from merchandise sales, excluding other operating income, also grew 23% year-on-year in Q2FY27 and 21% during H1FY27.