Trent plunges nearly 7%: Brokerages split as Zudio, Star clock tepid performance in Q2
Trent, the retail arm of Tata Group, reported an 11% increase in net profit for Q2 of FY26. However, its share price dropped by 7% due to concerns about the Star business and muted consumer sentiment. Leading brokerages have a divided outlook, with Motilal Oswal predicting strong long-term potential and Nuvama remaining cautious. Trent's recent correction has made its valuation more reasonable.