Trent Shares Sink 8%, Wiping INR 162 Crore off Damani’s Wealth in 2 Minutes
- Trent shares fell over 8% at market open on January 6, 2026. - The fall erased over INR 13,000 crore from Trent's market value. - Radhakishan Damani suffered a ₹162 crore paper loss in just two minutes.
On Tuesday morning, when the market opened, Trent Ltd (a Tata Group retail company) received a big shock, losing more than 8% of its share price. The fall directly affected Radhakishan Damani (one of the most famous investors in India), resulting in a loss of INR 162 crore in just 2 minutes. For the record, the company's financial numbers remain strong (and have been). Revenue for 9 months (till Dec 31) is up 18% to INR 14,604 crore. If that is the case, why did Trent's market value fall below INR 1.45 lakh crore on the day? For that, learn more.
Why Did Trent’s Share Price Drop By 8% Suddenly?
On January 5, 2026, Trent released its quarterly business update for December 2025. Investors found the report unimpressive and unexciting, calling it a muted update. In the meantime, many investors began selling the stock, and the crash occurred at market open.
Exact numbers of Trent's share fall
- Monday closing price: INR 4,429.80.
- Tuesday opening price: INR 4,060.
- Fall: 8.35% in one go.
- Trent's total market capitalisation dropped below INR 1.45 lakh crore.
How Did Trent’s Fall Affect Radhakishan Damani?
Radhakishan Damani own about 1.24% stake in the company, which is about 43,98,204 shares of Trent. He owns these shares via his company, Derive Trading and Resorts. Before this fall, the value of his shares was INR 1,948.32 crore. After the fall, the value declined significantly to INR 1,785.67 crore. The loss amounts to INR 162.65 crore.
Note: This is a paper loss, meaning he would only lose the money if he sold the shares.
How Is Trent Actually Performing as a Business?
What Are Big Brokerages Saying About Trent’s Fall?
Morgan Stanley
According to Morgan Stanley (a global brokerage), it gave an "Overweight"(which means they expect the stock to do well) rating with a price target of INR 5,456 per share. They say the revenue growth is in line, and store expansions are happening just as planned.
HDFC Securities
HDFC Securities gave the fall an "Add" rating with a price target of INR 4,700. They say that Westside and Zudio may reach peak efficiency.
Motilal Oswal Financial Services
They say that store openings usually increase in the 4th quarter. Trent's future growth depends heavily on how quickly it expands its fashion stores. If store growth is weaker than expected, the stock price will fall again. And also say that the earnings estimate may be cut in the near term.
Final Thoughts...
With all being said, this massive INR 162 crore loss is on paper for now. This would only become an actual loss if Radhakishan Damani were to sell the shares. According to the big brokerages, growth remains promising, and so does Trent's business revenue. Keep an eye on us as we share more updates on this.
StartupTalky News
Must have tools for startups - Recommended by StartupTalky
- Convert Visitors into Leads- SeizeLead
- Website Builder SquareSpace
- Manage your business Smoothly Google Business Suite
