Tata Group’s retail arm Trent shares has witness the decline on 7 April. Trent Shares fall 19% today and cause big losses to investors. The stock plunged as plenty as 19 % during the session after the industry launched its March update, triggering a wave of investor anxiety over valuations and income sustainability. With Monday’s fall, Trent has prolonged its losing streak to three consecutive classes. The decline also marked the stock’s sharpest single-day drop seeing that June 2024 and led to an erosion of around ₹28,000 crore in market capitalisation—the most important single-day wealth destruction for the employer in view that March 2020.
Trent Shares fall 19% , Loss of ₹28,000 Crore
Trent is now down 43 % from its 52-week high, reflecting the market’s sharp reversal in sentiment. Over the beyond 6 months, the stock has shed almost 36 %, underperforming each the benchmark indices and the broader intake sector.
March Quarter Update of Trent Shares
Trent Limited mentioned its sales and keep matter replace for the 4th sector and the financial year 2024-25. The industry posted standalone sales of ₹4,334 crore in Q4 FY25, registering a 28 % growth from ₹3,381 crore in Q4 FY24. For the entire year, Trent’s sales stood at ₹17,624 crore, marking a robust 39 % upward thrust over ₹12,669 crore recorded in FY24. But suddenly, the stock market decline, and results in Trent Shares fall 19%.
Trent’s retail community covered 248 Westside stores and 765 Zudio shops, such as two shops in the UAE. Also, the employer operated 30 different shops under various life standards. In Q4 FY25, 13 Westside and 132 Zudio shops were opened, taking the once a year additions in FY25 to 40 and 244 respectively. The company also consolidated 3 Westside stores and 24 Zudio shops all through the quarter, reflecting community optimization efforts.
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