Trent’s revenue grew well, but its fashion business saw slower sales in newer cities. The company plans to raise funds for expansion. Online sales growth also moderated. Operating margins have improved significantly. Trent’s stock has risen, with future performance depending on expansion execution.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on April 22, according to stockedge.com’s technical scan data.