Indian equity markets traded within a narrow range throughout the session but managed to close with modest gains. The Sensex added 193 points to close at 83,433, while the Nifty 50 advanced 56 points to settle at 25,461.
Yet, the mood wasn’t entirely upbeat. Several stocks saw steep corrections — most notably Trent Ltd, which witnessed a sharp decline of over 11%, wiping out significant market capitalization in a single session.
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Following the AGM and Q1 Update, Trent Ltd. drops 11%.
Trent Ltd (₹5,487.00 | -11.37%)
The retail giant nosedived by ₹704 per share amid heavy volumes. The fall followed post-AGM announcements and a Q1FY26 update, raising concerns about margins and valuation sustainability.
- Market Cap: ₹1,95,056 Cr
- 52-week range: ₹4,488 – ₹8,345
- P/E: 152.00
- Industry: Speciality Retail
- Turnover: ₹4,204.61 Cr | Volume: 75.17 Lakh shares
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Notable Announcements:
- AGM voting results released
- Q1FY26 update posted
- SEBI compliance certificate submitted
Tata Steel Down Nearly 2% Despite Strong Volumes
Tata Steel Ltd (₹163.10 | -1.69%)
Heavyweight Tata Steel closed lower after touching an intraday high of ₹166.49. Despite high trading volume of 229 lakh shares, the stock struggled to hold ground.
- Market Cap: ₹2,03,606 Cr
- 52-week range: ₹122.62 – ₹178.19
- P/E: 69.43
- Industry: Iron & Steel
Eicher Motors Slides on Weak Momentum
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Eicher Motors Ltd (₹5,625.50 | -1.58%)
Shares of Eicher Motors fell by over ₹90 after failing to maintain momentum from earlier highs. The stock continues to trade near its upper range for the year but lacked buying strength today.
- 52-week range: ₹4,508 – ₹5,906
- P/E: 38.85
- Industry: 2/3 Wheelers
Despite broader index gains, stock-specific corrections like Trent’s crash signal a cautious mood among investors. Market participants are advised to keep an eye on upcoming Q1 earnings and management commentaries.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
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Published on: July 4, 2025 / M Vishnu
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