Trent Share Price Target: Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) list Trent Limited as a trading company. One of the retail businesses of the Tata Group is Trent Limited.
Star Bazaar, Zudio, and Westside are some of the well-known retail brands owned by Trent Limited. Given the growing market recognition of these companies, the share price of Trent Company is rising. The company's share price has performed very well, giving shareholders great returns in a short period.
As a result, every retail investor expects strong growth for this stock shortly. We will go into detail about the Trent Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 in today's post.
About Trent Ltd. Company
Based in Mumbai, Trent Limited is an Indian retail firm that is a member of the Tata Group. Founded in 1998, Trent is the owner and operator of retail fashion and leisure brands, including Utsa, Zudio, and Westside. Trent was founded by Tata in 1998 after he sold his 50% stake in Lakme Cosmetics to Hindustan Lever for ₹200 crore. The firm began in 1998 by rebranding Littlewoods' sole Bangalore location "Westside" and purchasing the store.
Trent Ltd. Shares Current Performance And Market Indicators
Open Price: ₹7,456.00
Today’s Low Price: ₹7,183.55
Today's High Price: ₹7,456.00
Current Price: ₹7203.60
Market capitalization: ₹2,60,467 Cr
P/E Ratio: 152.68
ROE: 25.66%
Dividend Yield: 0.04%
52-Week Low: ₹1,945.00
52-Week High: ₹7,508.80
Price Change Over the Past Year: +5,188.80 (252.87% Increase)
Trent Limited shares have performed well in the recent trading session. The company's opening price was ₹7,456.00 and since then it has seen a low of ₹7,183.55 and a high of ₹7,456.00. At ₹7,203.60, the current market price represents a slight decline from the day's top. With a healthy market capitalization of ₹2,60,467 crore, Trent Limited remains a major player in the industry.
The stock's high price with its profit, as reflected by its P/E ratio of 152.68, is indicative of investor confidence in its growth prospects. The return on equity (ROE) of 25.66% is indicative of profitable and effective management. With a 52-week high of ₹7,508.80 and lowest of ₹1,945.00, the stock has shown impressive performance with a modest dividend yield of 0.04%.
Trent Limited has demonstrated its stellar performance and investor attractiveness, as can be seen from the astonishing 252.87% increase in the stock price during the last year, totaling ₹5,188.80.
Trent Share Price Target 2024
Analysts estimate that the Trent Limited share price could reach ₹8,256 by 2024. With a focus on improving customer experience and strategic expansion, the firm has demonstrated good performance and growth potential in the retail sector, which is reflected in our estimate.
Trent Share Price Target 2025
Trent Limited's share price is projected to rise to ₹9,194 by 2025 and is projected to climb even higher as the year progresses. This positive outlook has resulted from Trent's strategic efforts to grow its retail base and adapt to evolving customer expectations, positioning the business for continued success in a tough industry.
Trent Share Price Target 2026
Technical analysis predicts that Trent Limited's share price will achieve a minimum target of ₹10,086 and a possible maximum target of ₹11360 by 2026. This bullish forecast points to the company's significant growth prospects, which will be driven by successful business plans and high consumer demand.
Trent Share Price Target 2027
Trent is part of the Tata Group, and as we all know, Tata is a powerful brand. This will greatly benefit Trent, as they can leverage Tata's resources to move ahead in their industry. Looking ahead, Trent's share price target in 2027 can be up to ₹12113.
Trent Share Price Target 2028
This company has shown very good growth in the last few years. If we look at this company even after a few years from today, we will see similar good growth. The company has returned 1,453.33% in the last 5 years. According to stock market experts, the target of Trent Limited's share price in 2028 can be around ₹13478 to ₹14878.
Trent Share Price Target 2029
Changes in customer demographics and technological advancements will greatly impact the retail sector. With consistent growth and stable economic conditions, Trent's share price target range in 2029 is expected to be between ₹15426 and ₹16726.
Trent Share Price Target 2030
When it comes to most things, disorganized companies have a large share in every industry in India. However, Trent is slowly reducing this ratio with the help of its powerful brand. The company's business executives have been observing this for some time. If you tell your shareholders at what rate you expect Trent's shares to grow by 2030, you have a good chance of reaching close to ₹18687.
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Trent Ltd. Shareholding
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
Promoters | 37.01% | 37.01% | 37.01% | 37.01% | 37.01% |
Foreign Institutions | 20.48% | 26.17% | 25.91% | 26.80% | 27.87% |
Retail and Other | 26.69% | 22.65% | 22.25% | 22.28% | 21.94% |
Mutual Funds | 9.14% | 8.44% | 9.21% | 8.72% | 8.50% |
Other Domestic Institutions | 6.68% | 5.73% | 5.62% | 5.19% | 4.69% |
The Trent Ltd. shareholding chart is referred to from the Groww website.
Trent Ltd. Balance Sheet
Balance Sheet of Trent (in Rs. Cr.) | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
| 12 mths | 12 mths | 12 mths | 12 mths | 12 mths |
EQUITIES AND LIABILITIES |
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SHAREHOLDER'S FUNDS |
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Equity Share Capital | 35.55 | 35.55 | 35.55 | 35.55 | 35.55 |
Total Share Capital | 35.55 | 35.55 | 35.55 | 35.55 | 35.55 |
Reserves and Surplus | 4,411.64 | 3,044.39 | 2,684.49 | 2,480.31 | 2,463.44 |
Total Reserves and Surplus | 4,411.64 | 3,044.39 | 2,684.49 | 2,480.31 | 2,463.44 |
Total Shareholders Funds | 4,447.19 | 3,079.94 | 2,720.04 | 2,515.86 | 2,498.99 |
NON-CURRENT LIABILITIES |
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Long Term Borrowings | 498.56 | 497.95 | 497.38 | 0 | 299.74 |
Deferred Tax Liabilities [Net] | 0 | 0 | 0 | 0 | 0 |
Other Long Term Liabilities | 853.95 | 3,642.48 | 4,015.34 | 2,505.97 | 2,154.01 |
Long Term Provisions | 155.64 | 56.14 | 18.55 | 11.51 | 15.94 |
Total Non-Current Liabilities | 1,508.15 | 4,196.57 | 4,531.27 | 2,517.48 | 2,469.69 |
CURRENT LIABILITIES |
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Short Term Borrowings | 0 | 0 | 0 | 0 | 0 |
Trade Payables | 752.28 | 643.65 | 314.18 | 219.59 | 256.47 |
Other Current Liabilities | 733.83 | 390.2 | 238.85 | 448.94 | 164.08 |
Short Term Provisions | 16.63 | 10.76 | 7.81 | 5.2 | 5.86 |
Total Current Liabilities | 1,502.74 | 1,044.61 | 560.84 | 673.73 | 426.41 |
Total Capital And Liabilities | 7,458.08 | 8,321.12 | 7,812.15 | 5,707.07 | 5,395.09 |
ASSETS |
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NON-CURRENT ASSETS |
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Tangible Assets | 2,298.94 | 4,261.02 | 4,412.75 | 2,831.67 | 2,524.83 |
Intangible Assets | 74.35 | 77.74 | 67.7 | 63.47 | 64.65 |
Capital Work-In-Progress | 161.41 | 41.54 | 44.82 | 34.03 | 23.14 |
Other Assets | 26.91 | 27.13 | 27.85 | 28.11 | 28.76 |
Fixed Assets | 2,561.61 | 4,407.43 | 4,553.12 | 2,957.28 | 2,641.38 |
Non-Current Investments | 1,282.00 | 1,191.79 | 1,282.19 | 1,114.61 | 926.85 |
Deferred Tax Assets [Net] | 55.34 | 154.03 | 122.53 | 108.01 | 106.96 |
Long Term Loans And Advances | 1.27 | 1.42 | 1.59 | 1.84 | 1.64 |
Other Non-Current Assets | 600.43 | 340.7 | 248.04 | 210.12 | 171.9 |
Total Non-Current Assets | 4,500.65 | 6,095.37 | 6,207.47 | 4,391.86 | 3,848.73 |
CURRENT ASSETS |
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Current Investments | 620.18 | 456.48 | 441.74 | 614.57 | 679.97 |
Inventories | 1,564.81 | 1,336.88 | 822.45 | 394.57 | 586.52 |
Trade Receivables | 78.6 | 31.43 | 16.33 | 20.57 | 13.33 |
Cash And Cash Equivalents | 286.19 | 78.86 | 74.38 | 66.92 | 44.06 |
Short Term Loans And Advances | 16.85 | 16.79 | 26.15 | 74.92 | 85.66 |
OtherCurrentAssets | 390.8 | 305.31 | 223.63 | 143.66 | 136.82 |
Total Current Assets | 2,957.43 | 2,225.75 | 1,604.68 | 1,315.21 | 1,546.36 |
Total Assets | 7,458.08 | 8,321.12 | 7,812.15 | 5,707.07 | 5,395.09 |
OTHER ADDITIONAL INFORMATION |
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CONTINGENT LIABILITIES, COMMITMENTS |
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Contingent Liabilities | 169.8 | 234.61 | 145.29 | 116.95 | 71.28 |
CIF VALUE OF IMPORTS |
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Raw Materials | 0 | 0 | 0 | 0 | 0 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 | 0 |
Capital Goods | 0 | 0 | 0 | 0 | 0 |
EXPENDITURE IN FOREIGN EXCHANGE |
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Expenditure In Foreign Currency | 755.22 | 411.28 | 187.02 | 88.43 | 229.81 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS |
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Dividend Remittance In Foreign Currency | -- | -- | -- | -- | -- |
EARNINGS IN FOREIGN EXCHANGE |
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FOB Value Of Goods | 110.51 | 35.55 | 17.18 | 6.61 | 28.96 |
Other Earnings | -- | -- | -- | -- | -- |
BONUS DETAILS |
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Bonus Equity Share Capital | 10.88 | 10.88 | 10.88 | 10.88 | 10.88 |
NON-CURRENT INVESTMENTS |
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Non-Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Non-Current Investments Unquoted Book Value | 1,261.99 | 1,191.79 | 1,260.92 | 1,062.78 | 863.62 |
CURRENT INVESTMENTS |
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Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Current Investments Unquoted Book Value | 620.18 | 456.48 | 393.5 | 555.12 | 669.49 |
This balance sheet is referred to from the MoneyControl website.
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Conclusion
I hope after reading Trent share price targets 2024, 2025, 2026, 2027, 2028, 2029, and 2030 you have a clear understanding of the company's growth path soon. Now we have detailed information about Trent's business. In the coming years, its future is bright. Investors can get great returns from the firm. However, buyers should be aware of potential risks, such as industry competition and value.
FAQs - Trent Share Price Target
1. What is the CAGR of Trent stock?
Trent has been an exceptional performer, with share price growth of around 33% CAGR over the last five years. Trent is valued at ₹ 1730 as per SOTP.
2. Is Trent a debt free company?
Trent is not a debt-free company.
3. Is Trent a Tata company?
Trent Ltd., a subsidiary of Tata Group, is an operator of retail chains all over India.
4. Who are the major shareholders of Trent?
Tata Sons Pvt Ltd., Dodona Holdings Ltd., and Amansa Holdings Pvt Ltd.
5. Does Trent give dividends?
Trent Limited's dividend per share is ₹ 3.2 by the year 2024. In March 2024, Trent Limited's dividend distribution increased to 7.92% from 33.88% in the previous year.
Disclaimer
This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports, and predictions done by brokerage houses from time to time.
We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories.
If you have any corrections or find any wrong information, do let us know at our official [email protected].