Trent shares jump 4% after Noel Tata’s comments during AGM. Here’s what Morgan Stanley, other brokerages say (opens original article in a new tab)

Trent shares surged over 4% as brokerages like Morgan Stanley and HSBC raised target prices, citing growth ambitions and expansion plans.

• Trent shares rose over 4% after brokerages reiterated bullish calls following Chairman Noel Tata's comments at the FY26 AGM.
• Morgan Stanley and HSBC raised target prices for Trent, citing growth aspirations, new brand launches, and international expansion plans.
• Motilal Oswal maintained a target price of Rs 3,500, highlighting Trent's progress toward 10x revenue goals and store expansion targets.