Trent Shares Plunge 9% After Q3 Results; Analysts Advise Stop Loss at Rs 3,700

Business
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Moneycontrol•06-01-2026, 15:10
Trent Shares Plunge 9% After Q3 Results; Analysts Advise Stop Loss at Rs 3,700
- •Zudio and Westside-parent Trent's shares fell over 9% on January 6, snapping a four-session gain, becoming top losers on Sensex and Nifty.
- •Q3 FY26 provisional results showed standalone revenue from sales at Rs 5,220 crore, a 17% YoY rise, but below some brokerage estimates.
- •Analysts attribute the sharp fall to moderating growth momentum, softening demand indicators, and high valuation sensitivity.
- •Brokerages have mixed views: Motilal Oswal, Antique, HDFC Securities maintain 'Buy'/'Add' with revised targets, while Citi has a 'Sell' rating.
- •Technical analysis suggests a broader downtrend, advising a 'wait-and-watch' or 'sell-on-rise' approach with downside risk towards Rs 3,800–3,700.
Why It Matters: Trent's stock plunged due to moderating growth and high valuations, leading to mixed analyst views.
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