Trent share price today: Stock drops around 9% after slower growth outlined at AGM; Nuvama downgrades
Trent Ltd.'s shares plummeted 8.7% after its AGM revealed a projected revenue growth slowdown to 20% for Q1FY26, significantly lower than the previous 35% CAGR. Nuvama brokerage downgraded the stock to 'hold,' reducing the target price due to concerns about moderating growth and high valuations.
Trent Ltd.'s shares plummeted 8.7% after its AGM revealed a projected revenue growth slowdown to 20% for Q1FY26, significantly lower than the previous 35% CAGR. Nuvama brokerage downgraded the stock to 'hold,' reducing the target price due to concerns about moderating growth and high valuations. What's Your Reaction?
