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Trent experienced a significant stock drop. This happened after the company lowered its first-quarter growth forecast. Investors reacted by selling shares. Analysts predict a further decline in the stock price. Nuvama brokerage downgraded Trent's rating. They also reduced the target price. The company's future growth trajectory is now uncertain. Investors are advised to be cautious.
Category:
News and Media
A consortium including Masdar and Sumant Sinha has increased its offer to $8 per share, totaling $880 million, to acquire the remaining stake in ReNew Energy Global and delist it from Nasdaq. This revised bid follows an initial offer last December and aims to buy out the 27.5% stake held by other shareholders.
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News and Media
Torrential rains in Texas Hill Country led to devastating flash floods, claiming 24 lives and leaving many missing, including girls from Camp Mystic. Hundreds were rescued by boat and helicopter as desperate families sought information. The Guadalupe River surged to record levels, overwhelming communities. Residents recounted harrowing escapes, with some finding refuge in trees and attics.
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News and Media
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