Trent Ltd shares faced renewed pressure as its Q3 business update missed market expectations, raising concerns about slowing growth and increased competition. Despite a 17% reported growth, analysts had anticipated around 22%, highlighting a miss due to a normalizing base and intensifying competition in the value fashion segment.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj