Shares of Trent Ltd. shares fell as much as 2.5 percent to Rs 4,873 in morning trade on March 10. Kotak Institutional Equities maintained a ‘Reduce’ rating and set a price target of Rs 5,150, dampening investor sentiment. Trent share, once an investor darling, has had a rough start to the year with losses of 32 percent year-to-date. The stock is now down 41 percent from its all-time high of Rs 8,345, hit in October 2023. However, last month, Goldman Sachs said the recent weakness is a buying opportunity, maintaining a ‘Buy’ rating with an £8,300 price target. The brokerage expects Zudio to gain market share, downplaying competitive risks. Trent reported a net profit of Rs 496.54 crore, higher by 34 percent from the Rs 370.64 crore net profit reported in Q3 of previous financial year. Its revenue from operations also jumped 34 percent on-year to £4,656.56 crore.