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.
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