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Trent's stock decline highlights challenges in the retail sector, impacting Nifty50 performance.
Summary
Trent's stock experienced a significant downturn, becoming the worst performer in the Nifty50. The decline is attributed to factors like cannibalization from aggressive store expansion, a consumption slowdown, and increased competition. Some analysts maintain a positive long-term outlook.
Key Points
- Trent's stock is the worst performer in the Nifty50.
- Aggressive store expansion is contributing to cannibalization.
- A consumption slowdown is impacting performance.
- Rising competition is affecting Zudio's dominance.
Full Article
Trent's stock faces a sharp decline, becoming the worst performer in the Nifty50. Aggressive store expansion has led to cannibalization, while a consumption slowdown and rising competition impact Zudio's dominance. Despite headwinds, some analysts remain optimistic about long-term recovery and valuation.
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