CRISIL Equity assigns fundamental grade of ‘3/5’ to Trident

Credit rating agency, CRISIL Equity has assigned the fundamental grade of ‘3/5’ to Trident. The grade indicates that the company’s fundamentals are good relative to other listed equity securities in India. The credit rating agency has also assigned a valuation grade of ‘5/5’ indicating that market price has strong upside from the current levels.

Trident operates in two major business segments: Textiles and Paper with its manufacturing facilities located in Punjab and Madhya Pradesh. Trident’s customer base spans over more than 75 countries across 6 continents.