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.
Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gain
Knack Packaging’s Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium