Trent shares have fallen 30.94% in the last 12 months and 38.93% year-to-date. (Photo source: Trent/Facebook) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The shares of Trent fell 6.50% on Monday after it posted softer revenue growth in quarter ended September and brokerages cut its target price. The company shares hits 52-week low making it the only Nifty 50 company to hit the level in day's trade.

The company posted a 17% growth in revenue in the second quarter of this fiscal, below the guided range of 20-25%. The decline in shares also comes as growth deceleration continued during the quarter, with expansion into tier-2 markets and new store formats impacted short-term performance due to longer gestation periods.

In addition, muted consumer sentiment, unseasonal ra

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