Latest news with #TrentLtd
Business Standard
3 days ago
- Business
- Business Standard
Nuvama Wealth Management Ltd leads losers in 'A' group
Trent Ltd, Sammaan Capital Ltd, Angel One Ltd and Authum Investment & Infrastructure Ltd are among the other losers in the BSE's 'A' group today, 04 July 2025. Trent Ltd, Sammaan Capital Ltd, Angel One Ltd and Authum Investment & Infrastructure Ltd are among the other losers in the BSE's 'A' group today, 04 July 2025. Nuvama Wealth Management Ltd crashed 11.12% to Rs 7274.75 at 14:46 stock was the biggest loser in the BSE's 'A' the BSE, 57192 shares were traded on the counter so far as against the average daily volumes of 7896 shares in the past one month. Trent Ltd lost 11.07% to Rs 5501.6. The stock was the second biggest loser in 'A' the BSE, 3.32 lakh shares were traded on the counter so far as against the average daily volumes of 41994 shares in the past one month. Sammaan Capital Ltd tumbled 8.86% to Rs 123.5. The stock was the third biggest loser in 'A' the BSE, 23.26 lakh shares were traded on the counter so far as against the average daily volumes of 5.76 lakh shares in the past one month. Angel One Ltd slipped 6.40% to Rs 2761.55. The stock was the fourth biggest loser in 'A' the BSE, 1.07 lakh shares were traded on the counter so far as against the average daily volumes of 57942 shares in the past one month. Authum Investment & Infrastructure Ltd dropped 4.76% to Rs 2554.3. The stock was the fifth biggest loser in 'A' the BSE, 4927 shares were traded on the counter so far as against the average daily volumes of 12390 shares in the past one month.
News18
3 days ago
- Business
- News18
Trent Shares Crash 11%: Radhakishan Damani Takes Rs 310 Crore Hit As Tata Stock Slumps
Ace Dalal Street investor Radhakishan Damani suffered a setback of over Rs 310 crore after shares of Trent Ltd tumbled 11%; Know why
Business Upturn
3 days ago
- Business
- Business Upturn
Why are Trent shares down 9% today? Know the reason
By Aditya Bhagchandani Published on July 4, 2025, 09:58 IST Shares of Tata Group's Trent Ltd. fell nearly 9% in early trade on Friday, July 4, after the company flagged slower growth expectations during its Annual General Meeting (AGM) and brokerages issued downgrades. The stock touched ₹5,766.50 on NSE, down from its previous close of ₹6,191. At its AGM, Trent's management indicated that it expects revenue growth in Q1FY26 to be around 20%, much lower than its five-year CAGR of 35%. The company's business update confirmed this, reporting standalone Q1FY26 revenue at ₹5,061 crore, up 20% from ₹4,228 crore a year earlier. The company added one new Westside store and 11 Zudio outlets during the quarter, taking its total to 248 Westside, 766 Zudio (including two in the UAE), and 29 stores under other lifestyle concepts. However, analysts took a cautious view. Brokerage Nuvama downgraded Trent to 'hold' from 'buy,' slashing its FY26 and FY27 revenue growth estimates by 5% and 6%, and EBITDA estimates by 9% and 12%. It also cut its price target to ₹5,884 from ₹6,627 earlier. On the other hand, Morgan Stanley maintained an 'overweight' rating with a target of ₹6,359, citing long-term growth potential at a 25–30% CAGR. Of the 25 analysts covering Trent, 18 rate it a 'buy,' four a 'hold,' and three a 'sell.' The company's update underscores a healthy retail footprint and ongoing expansion but highlights the challenges of sustaining high growth rates in a competitive environment. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
4 days ago
- Business
- Time of India
Stock Radar: Trent stock showing signs of bottoming out; stock still down over 25% from highs – what should investors do?
Trent Ltd, a speciality retail player, has been forming higher highs for the past eight weeks, trading above its upward trendline. Despite a previous fall from an October 2024 high, the stock has found support and is regaining momentum. Trent Ltd, a key player in the speciality retail sector, has been forming higher highs for the past eight weeks on the weekly charts, and is trading well above the upper band of the upward-sloping trendline on the daily traders with a high-risk profile can look to buy the stock for a target of Rs 6,500 in the next 2-3 weeks, suggest speciality retail stock hit a high of Rs 8,345 on October 14, 2024, but it failed to
Economic Times
4 days ago
- Business
- Economic Times
Stock Radar: Trent stock showing signs of bottoming out; stock still down over 25% from highs – what should investors do?
Trent Ltd, a key player in the speciality retail sector, has been forming higher highs for the past eight weeks on the weekly charts, and is trading well above the upper band of the upward-sloping trendline on the daily traders with a high-risk profile can look to buy the stock for a target of Rs 6,500 in the next 2-3 weeks, suggest speciality retail stock hit a high of Rs 8,345 on October 14, 2024, but it failed to
