Where Are Trent Shares Headed After Post-Earnings Dip? Analyst Spots Breakout Potential At This Level

Published : Apr 30, 2025, 01:00 PM ISTUpdated : Apr 30, 2025, 02:00 PM IST
https://stocktwits.com/news-articles/markets/equity/where-are-trent-shares-headed-after-post-earnings-dip-analyst-spots-breakout-potential-at-this-level/chXTb0tRbLp

Synopsis

Despite strong Q4 earnings and Zudio crossing the $1 billion mark in annual revenue, Trent stock fell over 5% on Wednesday.

Tata Group’s retail flagship, Trent, posted yet another strong quarterly performance, but its stock came under pressure on Wednesday, sliding over 5%.

The decline came despite robust Q4 FY25 results and major milestones from its value fashion brand, Zudio.

On a standalone basis, Trent reported a 28% year-on-year (YoY) increase in revenue to ₹4,334 crore, while profit before tax (PBT) surged 44% YoY to ₹453 crore. 

Notably, Zudio, Trent’s value-focused fashion brand, crossed the $1 billion revenue mark during the year, contributing significantly to the company’s top line. 

According to SEBI-registered analyst Advisor Financial Sarthis, the stock is showing signs of accumulation, having built a solid base around its Anchored VWAP — a trading tool used to gauge key support and resistance from a specific point in time.

They note that a breakout above ₹5,570 — which aligns with the 61.8% golden Fibonacci level — could signal a bullish trend reversal. 

Short-term targets are pegged at ₹5,688, ₹5,845, and ₹6,200, while strong support is seen near ₹5,100. They advise investors to watch this zone closely for a potential move upward.

Following yesterday's earnings announcement, Financial Independence recommended a Buy Today, Sell Tomorrow (BTST) strategy for Trent. They believe the stock's recent break above the ₹5,400 resistance point indicates positive market sentiment.

However, data on Stocktwits shows that retail sentiment has cooled, shifting to ‘bearish’ from ‘extremely bullish’ a week ago, amid significant message volumes. 

Trent stock has fallen 26% year-to-date (YTD).

For updates and corrections, email newsroom[at]stocktwits[dot]com.<

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