Trent Limited is an Indian retail conglomerate. The company was founded in 1987 and is headquartered in Mumbai, India. Trent operates a chain of department stores, hypermarkets, specialty stores, and retail chains.
| Year | Share Price Target (₹) |
|---|---|
| 2023 | 1700-1800 |
| 2024 | 1800-1900 |
| 2025 | 1900-2000 |
| 2026 | 2000-2100 |
| 2027 | 2100-2200 |
| 2030 | 3000-3100 |
Trent Share Price Target 2023
The share price target for Trent for 2023 is between ₹1700 and ₹1800. This is based on the company’s expected strong financial performance in the next year. The company is expected to report a profit of ₹1500 crore in FY23 and ₹1600 crore in FY24. The company is also expected to grow its revenue by 20% in FY23.
Trent Share Price Target 2024
The share price target for Trent for 2024 is between ₹1800 and ₹1900. This is based on the company’s expected strong growth in the next two years. The company is expected to report a profit of ₹1700 crore in FY24 and ₹1800 crore in FY25. The company is also expected to grow its revenue by 30% in FY24.
Trent Share Price Target 2025
The share price target for Trent for 2025 is between ₹1900 and ₹2000. This is based on the company’s expected strong growth in the next three years. The company is expected to report a profit of ₹1900 crore in FY25 and ₹2000 crore in FY26. The company is also expected to grow its revenue by 40% in FY25.
Trent Share Price Target 2026
The share price target for Trent for 2026 is between ₹2000 and ₹2100. This is based on the company’s expected strong growth in the next four years. The company is expected to report a profit of ₹2100 crore in FY26 and ₹2200 crore in FY27. The company is also expected to grow its revenue by 50% in FY26.
Trent Share Price Target 2027
The share price target for Trent for 2027 is between ₹2100 and ₹2200. This is based on the company’s expected strong growth in the next five years. The company is expected to report a profit of ₹2300 crore in FY27 and ₹2400 crore in FY28. The company is also expected to grow its revenue by 60% in FY27.
Trent Share Price Target 2030
The share price target for Trent for 2030 is between ₹3000 and ₹3100. This is based on the company’s expected strong growth in the next ten years. The company is expected to report a profit of ₹4000 crore in FY30 and ₹4100 crore in FY31. The company is also expected to grow its revenue by 80% in FY30.
Factors Affecting the Share Price of Trent
The share price of Trent is affected by a number of factors, including:
* The company's financial performance
* The growth of the retail sector in India
* The government's policies on the retail sector