Trent Shares Crash 8% After Q3 Business Update. What's Ailing This Tata Group Stock?
10 Articles
10 Articles
Trent Shares Plunge Amid Unimpressive Q3 Revenue Growth
Trent Shares Plunge Amid Unimpressive Q3 Revenue Growth Trent, a prominent retail firm under the Tata group, witnessed a substantial drop in its stock value during Tuesday morning trading, with shares slipping over 8%.The decline came after the company reported a 17% increase in standalone revenue to Rs 5,220 crore for the third quarter ending December 31, failing to impress investors. This figure compared to Rs 4,466 crore from the same period …
Rs 13,000 crore gone! Why Trent shares crashed 8% despite 17% Q3 growth
Trent share price fell sharply on Tuesday, erasing Rs 13,000 crore in market value, as investors reacted to a sharp slowdown in growth metrics. Despite 17% revenue growth, weakening same-store sales and a sustained drop in revenue per square foot signalled deteriorating productivity, overshadowing the retailers aggressive expansion across Zudio and Westside.
Trent share price: Tata Group stock falls over 8% post third quarter business update, check details
Shares of Tata group firm Trent on Tuesday faced selling pressure, tumbling over 8 per cent. The stock opened with a gap down with a loss of 4.73 per cent today at Rs 4,219.90 against the previous close of Rs 4,429.45 on the BSE It dipped further to touch the intraday low of Rs 4,060.65, representing a fall of 8.33 per cent. Last seen, the scrip was trading with a loss of 7.03 per cent at Rs 4,118, and the market cap of the company stood at Rs 1…
Trent shares crash 8% after Q3 business update. What's ailing this Tata group stock?
Trent shares fell 8% following Q3FY26 results, indicating a slowdown in growth momentum and demand concerns. Revenue growth dropped significantly from previous high double-digits, while aggressive store openings continue.
Trent Reports 17% Rise in Q3 Standalone Revenue; Expands Store Network
Tata Group retail arm Trent Ltd reported a 17% increase in standalone revenue to Rs. 5,220 crore (US $ 579 million) for the third quarter ended 31st December, compared with Rs. 4,466 crore (US $ 495 million) in the corresponding period of the previous financial year, according to a regulatory filing. As of 31st December […] The post Trent Reports 17% Rise in Q3 Standalone Revenue; Expands Store Network appeared first on Apparel Resources.
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