Trent hits 3-month low post Q2 results; share price down 25% in 1 month

Quick Summary:

In the previous quarter, the company had posted 56 per cent growth in revenue and 133 per cent jump in PBT.

On a standalone basis, Trent's revenue and PBT grew by 39 per cent and 48 per cent over the year ago quarter.

The market price of Trent has corrected 25 per cent from its record high level of Rs 8,345.85 that it touched on October 14, 2024.

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Category: BusinessFinance

Markets: India

Topics: Markets Star Bazar Zudio Trent Q2 result Tata Group Trent Westside Retail Trent share price Trent Hypermarket Trent share price today

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 11:45:18 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 730 words

Reading Time: 5 minutes read

Sentences: 31 lines

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Copyright Owner: © Business Standard

News ID: 23467981

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