Why Trent Ltd Surged 4% After Entering Sensex

Trent Ltd, the 73-year-old retail powerhouse from the Tata Group, saw its stock climb nearly 4% on June 23 following its inclusion in the benchmark Sensex during BSE’s latest index reshuffle. The stock has outperformed the broader market, delivering an impressive 9% gain over the past five sessions—well ahead of the Sensex’s returns.

Notably, three leading brokerages have issued BUY ratings on Trent, with the highest target price set at ₹8,300.