Trent Slides on Downgrade, Weak Q1 View

  Published 10 months ago

Trent hits two-month low after Goldman Sachs downgrade; stock down 17% in July, 27% YTD amid growth, cannibalization concerns.

  • Goldman cuts rating to “neutral” from “buy,” slashes price target to ₹5,500, citing slower-than-expected market share gains.
  • Tata group firm warned of underwhelming Q1 growth; analysts still mostly positive with median target at ₹6,151.5.
  • TREN is the Nifty 50’s biggest YTD loser, reflecting investor concerns over performance and expansion strategy.

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