Shares of Tata Group’s fashion retailer Trent, which runs the Westside and Zudio chain of stores, crashed 10% to hit a day's low of Rs 3,010.10 on the BSE, wiping out nearly Rs 17,773 crore in market capitalisation, after the company’s Q1 revenue growth fell short of Street estimates.
The stock's sharp slide comes after it rallied 23% in the past month and 50% since its March 2026 lows as investors bet on an acceleration in revenue growth from the 20% YoY pace seen in Q4 of FY26. Instead, the print showed growth decelerating, triggering the sell-off.