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.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires