Mutual Funds', FPI favourite Tata Group stock jumps 10% to hit upper circuit after Q2 business update
New Delhi, Oct. 6 -- A Tata Group stock, Trent, rose 10% to hit its upper circuit in early deals on the BSE on Tuesday, 6 October, a day after the company reported the business update for the September quarter of the financial year 2026-27 (Q2FY27). Trent share price opened at Rs.2,800 against its previous close of Rs.2,575 and surged 10% to the upper price band of Rs.2,832.50.
In an exchange filing on 5 October, Trent said its Q2FY27 standalone revenue from operations stood at Rs.5,788 crore, rising 23% year-on-year (YoY), while for the first half of the year (H1FY27), revenue rose 21% YoY to Rs.11,454 crore.
Revenue from the sale of merchandise, excluding other operating income, also grew by 23% and 21% during the quarter and the half...
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