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Zudio parent Trent's shares tumble 9% as Q2 results miss estimates
short by Debaroti Adhikary / on Thursday, 7 November, 2024
The shares of Trent, the parent company of Zudio and Westside, tumbled around 9% to hit an intraday low of ₹6,310 on Thursday. This comes after the Tata Group company posted 47% rise in profit to ₹335 crore and 39% rise in revenue to ₹4,157 crore in second quarter of FY25. The Q2 results were slightly lower than analysts' estimates.
read more at CNBC-TV18