Credit rating agency, CRISIL Independent Equity Research (IER) has assigned ‘3/5’ on Fundamental Grade to Trident indicating good fundamentals. The rating agency has also assigned a Valuation Grade of ‘5/5’ to the company indicating the current market price has got strong upside.
Trident is the flagship company of Trident Group with its array of customers spread across 75 countries. Trident is a leading manufacturer of Terry Towels, Paper, Yarn and Chemicals. The company has emerged as one of the largest manufacturers of terry towels and wheat straw based paper manufacturers in the world.