Trent Experiences a 11% Decline: Radhakishan Damani Suffers a Rs 310 Crore Loss as Tata Shares Fall

Trent Experiences a 11% Decline: Radhakishan Damani Suffers a Rs 310 Crore Loss as Tata Shares Fall

Why Are Trent Shares Declining?  Prominent Dalal Street investor Radhakishan Damani experienced a loss exceeding Rs 310 crore as shares of Trent Ltd dropped by 11% during Friday’s trading session. This significant decline in the Tata Group-supported retail stock reduced the value of Damani’s holdings from Rs 2,788.46 crore to Rs 2,476.82 crore — a decrease of Rs 311.64 crore.

As of March 31, 2025, Damani owned 45,07,407 equity shares — which accounts for a 1.27% stake in Trent — through his investment firm Derive Trading and Resorts. The company has not yet released its shareholding information for the June 2025 quarter (Q1FY26).

Trent shares fell to an intraday low of Rs 5,495 on the BSE, causing its market capitalization to drop below the Rs 2 lakh crore threshold. The stock has now decreased by over 34% from its 52-week peak of Rs 8,345.85, reached in October 2024.

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