Trent tumbles 12.6% on soft Q1 revenue as Kalyan slides despite 38% growth; Titan bucks trend
Retail names were punished for missing elevated expectations on expiry-day selling. Trent fell 12.6% on weaker-than-expected June-quarter provisional revenue, while Kalyan Jewellers dropped 9% despite 38% revenue growth. Titan surged on strong provisional updates, splitting the sector's reaction.
On a weak market day, Trent tumbled 12.6% on weaker-than-expected June-quarter provisional revenue, Kalyan Jewellers fell 9% despite 38% revenue growth, while Titan surged on strong provisional updates — retail names punished for missing elevated expectations.