Tata Group’s Trent Ltd saw its shares drop by up to 8.7% to ₹5,652 on the National Stock Exchange on Friday, after the company highlighted a slowdown in revenue growth during its Annual General Meeting (AGM). Following this, brokerage firm Nuvama downgraded the stock to ‘hold’ and reduced its target price from ₹6,627 to ₹5,884.
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