TRENT

falls 8% on 6th Jan

Shares of Trent Ltd., the Tata Group’s parent of Zudio and Westside, dropped about 8 % on January 6, 2026, after the company’s Q3 FY26 business update disappointed investors despite reporting a 17 % year-on-year rise in standalone revenue to ₹5,220 crore. While revenue growth was supported by a 28 % increase in store count, it fell short of analyst estimates and was flat sequentially, raising concerns over slower growth momentum and weakening per-store performance. The sharp sell-off wiped out over ₹13,000 crore in market value, making Trent among the biggest laggards on the Sensex and Nifty, even as some brokerages maintained positive outlooks with target upgrades