Trent share price hit a six-month low as the outlook for the company's growth bleakened. (Image: Trent website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Trent Ltd. share price fell to six-month low on Tuesday as the second quarter business update started to reflect moderating growth, which fuelled worries for future outlook. Equirus has downgraded the Tata-Group stock and Goldman Sachs cut target price for the same.

Trent Q2 Business Update Key Highlights

Standalone revenue rose 17% to 5,002 crore (YoY)

Opened 13 Stores of Westside and 40 Stores of Zudio

Store portfolio includes 261 Westside, 806 Zudio and 34 stores across other lifestyle concepts

Equirus downgraded Tata-Group's Trent Ltd . to Reduce as it expects that the premium will decline on slowing growt

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