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Stock Market Live Updates for July 7: IT stocks power Nifty; Trent crashes 12% as midday trade holds gains - BusinessLine
Stock Market Live Updates for July 7: IT stocks power Nifty; Trent crashes 12% as midday trade holds gainsBusinessLine
Trent loses Rs 13,000 crore in market value: Why investors are hitting the sell button - India Today
Trent loses Rs 13,000 crore in market value: Why investors are hitting the sell buttonIndia Today
NIFTY50, SENSEX trade flat in afternoon session; IT stocks, Swiggy, Trent among buzzing stocks - Upstox
NIFTY50, SENSEX trade flat in afternoon session; IT stocks, Swiggy, Trent among buzzing stocksUpstox
Trent shares fall 12% after Q1 update - Five things you should know
Shares of Trent had also seen a significant run-up ahead of the quarterly numbers. The stock had gained 20% in the last one month before Tuesday's session, having also entered the session on the back of the six-day winning streak.
Trent posts 19% YoY rise in Q1 revenue; store count rises to 1,312
Trent has reported 19% rise in revenue to Rs 5,666 crore in Q1 FY27 from Rs 4,781 crore in Q1 FY26.
Trent shares crash 12% after Q1FY27 business update. Here's what spooked investors
Trent share price looked set to snap its six-day winning streak, as the retail stock crashed 12% in intraday trade on the BSE on Tuesday, 7 July.
Tata Stock: Trent tanks 11% as Q1 revenue growth misses Street estimates
Trent reported standalone revenue of ₹5,666 crore for Q1FY27, up around 19 per cent year-on-year from ₹4,781 crore. The growth, however, fell short of Street expectations of 22-23 per cent
Rs 18,000 crore crash in Trent shares explained, and should you buy the dip
Trent shares fell sharply on Tuesday, erasing nearly Rs 18,000 crore in market value, after its Q1 revenue growth of 19% missed Street estimates. While weak store productivity and slowing expansion raised concerns, most brokerages remain bullish, calling the slowdown seasonal, though Citi warns of structural challenges and intensifying competition.
India's Trent sheds $1.56 billion in market value as revenue miss raises growth concerns - Reuters
India's Trent sheds $1.56 billion in market value as revenue miss raises growth concernsReuters
Trent Shares Fall Nearly 10%: Why Is The Stock Getting Bent In Trade?
The stock fell nearly 10% to an intraday low of Rs 3,010 after opening at Rs 3,080, to later trim some losses and trade at Rs 3,052 apiece as of 9:25 am.
Stock Alert: Trent, Titan Company, Varun beverages, Cochin Shipyard
Varun Beverages wholly owned subsidiary, VBL Industries (Kenya) has entered into an agreement to acquire dairy beverages, juices and packaged drinking water of Devyani Food Industries (Kenya) for total consideration of $32 million (Rs 305 crore).
Trent shares in focus after Zudio expansion spurs 19% revenue growth in Q1
Trent's standalone revenue increased 19% YoY for the June quarter. This growth was supported by its fashion retail business and ongoing store expansion efforts. The company's retail portfolio now includes 1312 stores across various formats. Zudio stores continue to form the larger part of Trent's extensive store network. Trent's shares will be closely watched following this positive quarterly business update.