Trent Stock Crashes 12% After Q1 Update: Buy, Hold Or Wait?

Trent shares witnessed a sharp sell-off despite reporting 19% year-on-year revenue growth, raising fresh questions about the stock's near-term outlook. Rajesh Agarwal, Head of Research, AUM Capital, believes the correction is more about expensive valuations and slower store additions than weak business fundamentals. According to him, Zudio, Star, and Zudio Beauty continue to perform well, but the stock may need more time to consolidate. He believes the ₹2,500–2,600 zone could offer a more attractive entry point for long-term investors.