Trent Shares Plunge 8% After Q3 Results: Should You Buy Zudio-Westside Parent?

Share Market
N
News18•06-01-2026, 10:40
Trent Shares Plunge 8% After Q3 Results: Should You Buy Zudio-Westside Parent?
- •Trent, parent company of Zudio and Westside, saw its shares plummet by up to 8% on January 6 following its Q3 FY26 results.
- •The company reported Q3 FY26 revenue of Rs 5,220 crore, a 17% year-on-year growth, matching the previous quarter's growth.
- •Trent expanded its store network significantly, adding 17 new Westside and 48 new Zudio stores in Q3, reaching 278 Westside and 854 Zudio outlets.
- •Brokerage firms have mixed views: Motilal Oswal maintained a 'Buy' rating, HDFC Securities an 'Add', while Morgan Stanley issued a 'Sell' rating.
- •Despite a 492% rise over five years, Trent shares have fallen 25% in the last six months and 41% in the past year.
Why It Matters: Trent shares dropped post-Q3 results, with analysts divided on its future despite strong store expansion.
✦
More like this
Loading more articles...




