Trent shares jump 7% on strong Q2 as Zudio hits 1,000 stores

Shares of Tata Group retailer Trent rose almost 7% on Friday after it reported a 25% year-on-year jump in consolidated net profit for the September quarter. Revenue from operations grew 22%. The company also opened its 1,000th Zudio store as it keeps expanding, while its Star food and grocery business showed robust growth despite stiff competition.