Trent trades lower for fourth day in row; down 21% from 52-week high

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Trent trades lower for fourth day in row; down 21% from 52-week high - Business Standard

Quick Summary:

The company's management said its retail businesses faced headwinds in the second quarter of FY24, owing to muted demand sentiment and seasonality.

Trent shares are down 4 per cent at Rs 6,591 on the BSE in Wednesday’s intra-day deals, underperforming the market in the last few trading days.

During the calendar year 2024 (CY24), Trent had outperformed the market and zoomed 133 per cent, as compared to the 9 per cent rise in the BSE Sensex.