Shares of Trent Ltd. remained the top loser in the benchmark NSE Nifty 50 on Monday, as the selloff in the once-favourite stock extended, with analysts cutting their target on waning outlook.
Trent Share Price
X
The stock has risen 38.51% in the last 12 months. Total traded volume so far in the day stood at 1.32 times its 30-day average. The relative strength index was at 51.69.
Fifteen of the 23 analysts tracking Trent have a 'buy' rating on the stock, three each recommend a 'hold' and four a 'sell', according to Bloomberg data. The average of 12-month analysts' price target of Rs 6,486 implies a potential upside of 22%.
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