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Shares of Trent Ltd plummet 9% as Nuvama downgrades on slower growth outlook

Posted by Able on July 03, 2025

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Shares of Tata Group’s Trent Ltd dropped by 8.7% to Rs 5,652 on the NSE on Friday after the company highlighted a deceleration in revenue growth during its Annual General Meeting (AGM). This led brokerage firm Nuvama to downgrade the stock to ‘hold’ and lower its target price from Rs 6,627 to Rs 5,884.

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Shares of Trent Ltd plummet 9% as Nuvama downgrades on slower growth outlook

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