Shares of Trent Ltd fell 3.2% to trade around ₹3,008 on the National Stock Exchange on Friday, erasing gains from a strong first-quarter earnings report.
The sell-off reflects persistent investor skepticism regarding the company's valuation and future growth prospects, despite the recent financial beat.
Earlier in the week, Trent shares plunged more than 11% in intraday trade on the Bombay Stock Exchange, snapping a six-day winning streak.
The decline marks a continuation of recent volatility for the Indian specialty retailer.
Earlier in the week, Trent shares plunged more than 11% in intraday trade on the Bombay Stock Exchange, snapping a six-day winning streak.
That sharp correction followed the release of business updates that failed to fully satisfy market expectations for sustained momentum.
Analysts are currently divided on the stock's outlook.