Mumbai/IBNS, Nov. 10 -- The price of Trent shares fell drastically by almost seven percent to a 52-week low on Monday even after the company released its Q2 result of the ongoing fiscal year, media reports said.

In early trading on Monday, the shares of the parent company of Zudio and Westside fell by 6.80% to Rs. 4,310 against the previous close of Rs. Rs. 4,624.85.

Trent, a part of the Tata Group, shares fell by 39 percent this year and lost 31.36% in a year.

On November 7, Trent reported a standalone profit of Rs. 451 crore in the second quarter of the ongoing fiscal year.

Though the company posted an 11 percent year-on-year profit, the revenue has dipped with a muted consumer sentiment in Q2.

Trent said the consumer sentiment rem...