View Full Version : TRIDENT LTD: Celebrating the magic of transforming houses into homes

05-12-2016, 10:03 AM
At CMP of 53.60 Trident share price is currently trading at 12.33 P/E, with factors considering expansion in home textiles, stable raw material prices, improving cost efficiency and favorable product mix one can build a long position in the stock at CMP of 53.50 adding more on dips till 49 for a target of 62 and a stop of 45

Company Snapshot

Business interests in Home Textile, Yarn, Paper & Chemicals and Energy
World's largest manufacturer of terry towels
One of the largest manufacturer of wheat straw based paper
One of the top 10 yarn manufacturers in India
With a CAGR of over 30%, one of the fastest growing group of companies in the country