Trent Share Price Cracks 9% After Management Flags Slower Growth; Nuvama Cuts Target Price

Trent share price cracks 9% after management flags slower growth; Nuvama cuts target price

Trent shares of Tata Group's retail arm dropped over 9% to ₹5,652 on July 04, following management's warning of slower near-term growth in its core fashion business during the AGM.

Trent Share Price Crashes Over 9% After Weak Q1 Forecast, Nuvama Downgrade

Trent Ltd shares nosedived on Friday morning, plunging more than 9.4% to an intraday low of ₹5,652 on the NSE. The sharp fall followed a tepid outlook shared during the company’s Annual General Meeting (AGM), coupled with a bearish downgrade from brokerage firm Nuvama. At last check, Trent was trading near ₹5,742.50, down by ₹443.90 or 7.17%, wiping off nearly ₹17,000 crore from its market capitalization. The selloff places Trent among the day’s…

Trent Share Price Dips As Brokerages Remain Bearish On Stock

Trent Ltd.'s share price dropped by 8.71% on Friday following its Annual General Meeting for 2025, which received mixed reviews from brokerages such as Nuvama and Macquarie. The stock is top dragger in Nifty 50 companies.Nuvama has downgraded Trent to a 'hold' rating, adjusting its target price to Rs 5,884. The brokerage cited near-term challenges and a valuation that seems overstretched. Meanwhile, Macquarie continues to rate Trent as 'underper…