Daijiworld Media Network – Mumbai

Mumbai, Oct 7: Trent Ltd. shares tumbled to a six-month low on Tuesday as its second-quarter business update reflected moderating growth, raising concerns over the company’s future outlook.

The Q2 standalone revenue rose 17% to Rs 5,002 crore (YoY), while the company expanded its retail footprint by opening 13 Westside stores and 40 Zudio outlets. Trent’s overall store portfolio now includes 261 Westside, 806 Zudio, and 34 other lifestyle concept stores.

Brokerage Equirus downgraded Trent Ltd. to ‘Reduce’, citing expectations of a slowdown in premium growth. The firm set a target price of Rs 4,474, implying a 5% downside from Monday’s close. Equirus noted that Trent’s Q2 growth marks the lowest in 18 quarters, underperforming peers like VMart and V2, a

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