Credit rating agency, CRISIL has assigned the fundamental grade ‘3/5’ to Trident. The grade indicates that the company’s fundamentals are ‘good’ relative to other listed equity securities in India. Moreover, the rating agency has assigned a valuation grade of ‘5/5’ indicating that market price has ‘strong upside’ from the current levels.
Trident is the largest terry towel and wheat straw based paper manufacturer in the world.