Trent slips further; ₹5,400 key support for short-term rebound

Trent slips further;  ₹5,400 key support for short-term rebound

Trent shares remain under pressure, sliding over 13% this week after management warned of slower growth at its AGM. Analyst Deepak Pal sees ₹5,400 as crucial support. A sustained move above it may push the stock toward ₹5,700. Despite weak near-term momentum and a high P/E, analysts believe the long-term outlook remains intact if growth rebounds.

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