Brokerages, including Jefferies, Motilal Oswal, Elara Capital, and HDFC Securities, have trimmed target prices for Trent to as low as Rs 4,300 following Q2 results, citing growth deceleration, weak like-for-like sales, and muted consumer sentiment. Despite stable margins, analysts flagged moderation in revenue momentum and advised caution amid rising competition and valuation concerns.
Nifty’s 2 pillars now facing structural headwinds: Ravi Dharamshi’s warning on IT & consumption
His warning carries weight. ValueQuest has been quietly repositioning for months by moving capital away from consumption-oriented exposures and steering clear of IT services entirely,
May 4, 2026