# Trent share price target cut by HSBC but sees Zudio-led growth to sustain.

*fintech · news · 2026-04-16 · CNBC TV18*

## Key points

- HSBC reduced Trent's price target from ₹5,300 to ₹4,800 but kept a 'Buy' rating.
- Trent plans to add around 200 new Zudio stores in FY26, signaling FY27 growth visibility.
- Despite aggressive expansion, Zudio's like-for-like growth is expected at only 4% in FY27.
- Zudio opened 198 stores in FY26, with 109 added in Q4 alone.

**Companies:** Tata Group, Trent Ltd.
**Countries:** India

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/trent-share-price-target-cut-by-hsbc-but-sees-zudio-led-growth-to-sustain-ws-l-19887769.htm)

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