By Admin 
Trent shares crash: The shares of Tata Group company Trent Limited declined by 9 percent in early trade on Friday, July 4. The decline in shares came after warning of a possible recession in revenue growth in the company’s Annual General Meeting (AGM). The share of Tata Group’s retail company Trent Limited slipped to Rs 5653 at 8.62 percent on BSE. Whereas in the last business session, closing was done at Rs 6186.40. With this, the market cap of the company has come down to Rs 2.04 lakh crore.
Why did Trent’s shared bear?
In fact, in the meeting held yesterday, the management estimated only 20 percent growth in the company’s fashion business in the first quarter of FY 2026, which is much less than the 35 % CAGR (Compound Annual Growth Rate) of the last five years. However, the company also expected more than 25 % CAGR revenue growth in the coming years. After AGM, brokerage firm Nuwama cut the company’s revenue growth estimates for FY 2026 and 2027 respectively and cut 5 percent and 6 % respectively and cut 9 % and 12 percent in Ebitda respectively.
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Quickly out of this stock, drop of 25 percent may come; After all, why did Brokerage warned?