New Delhi, Feb. 10 -- When Trent Ltd announced results for the three months ended September, it marked the first time in many quarters that standalone revenue growth fell below 50% year-on-year. That trend has continued in the December quarter (Q3FY25), with revenue at Rs.4,535 crore, representing a growth of almost 37%, down from 40% in Q2.

Moderating growth, along with steep valuations, weighed on investor sentiment, pushing the stock down by about 35% from its 52-week high of Rs.8,345 apiece seen on 14 October. More recently, investors seem to be jittery about the impact of the launch of the Shein India app By Reliance Retail on 1 February.

This marks the return of the online fast fashion retailer Shein to the country after about fiv...