Trent shares fell sharply on Tuesday, erasing nearly Rs 18,000 crore in market value, after its Q1 revenue growth of 19% missed Street estimates. While weak store productivity and slowing expansion raised concerns, most brokerages remain bullish, calling the slowdown seasonal, though Citi warns of structural challenges and intensifying competition.
Trent shares fell sharply on Tuesday, erasing nearly Rs 18,000 crore in market value, after its Q1 revenue growth of 19% missed Street estimates. While weak store productivity and slowing expansion raised concerns, most brokerages remain bullish, calling the slowdown seasonal, though Citi warns of structural challenges and intensifying competition.
<iframe src="https://hindustansphere.com/embed/cluster/0d2b76fd9d99898d9040c818a20b2789a289ead6" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Rs 18,000 crore crash in Trent shares explained, and should you buy the dip"></iframe>
