Trent’s shares plummeted over 8% on Tuesday, marking their steepest single-day fall in six months, following a disappointing third-quarter business update. Analysts cited a failure to meet revenue growth expectations and rich valuations as key concerns, suggesting investors might reduce their exposure to the stock.
Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani
India’s IT sector is poised for a comeback, with AI expected to boost, not hinder, growth. Vikas Khemani of Carnelian Asset Management sees excessive pessimism,