India, July 4 -- Shares of Trent Limited tumbled in the trade on Friday, just a day after the company held its annual general meeting (AGM).
The retail firm's stock fell more than 11 percent, trading at Rs.5,497 at noon. Trent is a Tata Group firm and a leading retail company in India.
Trent is known for its diverse portfolio of brands, including Westside, Zudio, and Star Market. It operates in various retail formats, including fashion, lifestyle, and grocery, and has been recognised for its strong growth and performance in the retail sector.
With such a strong base, what exactly happened that spooked the investors, leading to a bloodbath on Friday?
The stock of Trent Limited came under selling pressure as analysts were hoping for a b...
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