Shares of Indian retail giant Trent plunged 12.4% on Tuesday, wiping out nearly ₹14,788 crore ($1.56 billion) in market value after the company reported weaker-than-expected first-quarter revenue growth. The Tata Group retailer posted a 19% rise in standalone revenue, falling short of analysts’ expectations of around 23%, making it the biggest loser on the Nifty […]Continue Reading
