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Rs 13,000 crore gone! Why Trent shares crashed 8% despite 17% Q3 growth

Trent shares fell sharply on Tuesday, erasing Rs 13,000 crore in market value, as investors reacted to a sharp slowdown in growth metrics. Despite 17% revenue growth, weakening same-store sales and a sustained drop in revenue per square foot signalled deteriorating productivity, overshadowing the retailer’s aggressive expansion across Zudio and Westside.

Source :- Markets-Economic Times Read More

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