Trent shares have fallen nearly 40% from record highs, with Kotak Institutional Equities warning of a further slide below Rs 5,000. The brokerage cites slowing same-store sales growth, aggressive store expansion risks, and muted revenue outlook as key reasons for its Reduce call.
India raises $73 bn in forex inflows at record pace
India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap