New Delhi, Nov. 10 -- Fashion and retail chain Trent Ltd has just had another tough quarter: Revenue growth continued to slow, and its entry into smaller cities may carry a price. On Monday, shares of the Tata Group company sank over 7% to hit a new 52-week low of Rs.4,262.60, on a day when the Nifty50 index rose 0.5%. The disappointing results in the September quarter (Q2FY26) prompted some analysts to trim their earnings projections, given uncertainty on the timeline of growth recovery amid dull demand and stiff competition.
For the fifth straight quarter, Trent's Q2 standalone revenue growth decelerated, highlighting the company's struggle to boost sales adequately. Revenue increased 17% year-on-year to Rs.4,724 crore, with low single...
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