Here are five things you should know about today’s fall on the Tata Group stock on Tuesday:First, this is the biggest single-day fall that the stock has seen since April 2025, when it had declined 15% after another quarterly update. With today’s fall, the stock has slipped below the mark of ₹3,000, and has also led to a ₹21,000 crore erosion in its market capitalization.
Trent reported revenue growth of 19% during the quarter compared to the same quarter last year. The growth figure was lower than the previous quarter’s 20% growth and also below analyst expectations, who had projected the business to grow between 20% to 22%.
Third, shares of Trent had also seen a significant run-up ahead of the quarterly numbers. The stock had gained 20% in the last one month before Tuesday’s session, having also entered the session on the back of the six-day winning streak.
Another factor behind the exaggerated fall in Trent is a better performance delivered by its smaller peers. V-Mart reported revenue growth of 23%, while Bazaar Style Retail and V2 Retail saw revenue growth of 29% and 58% year-on-year respectively from the June quarter last year.
Lastly, even after the stock has corrected over 60% from its October 2024 peak, shares of Trent are still trading at elevated price-to-earnings multiples. On a one-year forward basis, the stock trades at 63 times price-to-earnings, which, however, is lower than its five-year average of over 100 times.
Shares of Trent are now trading 12.2% lower at ₹2,934. The stock is the top loser on the Nifty 50 and the Nifty 500 index today.
