Trent Sheds Rs 22,000 Cr M-Cap in a Day Despite 19% Revenue Growth
Trent shares plunged, erasing Rs 22,000 crore in market value in a single session even as the retailer posted 19% revenue growth. Investors punished the Westside parent as growth momentum slowed relative to lofty expectations built into the stock.
Trent shares plunged, wiping Rs 22,000 crore in market cap in a single day despite posting 19% revenue growth, as investors reacted to slowing growth momentum relative to expectations.