Trident Limited manufactures, trades, and sells Textiles (Yarn, Terry Towels, and Bedsheets), as well as Paper and Chemicals. It is an Indian textile (Yarn, Bath & Bed Linen) and paper (Wheat Straw-based) producer with a Home Textile Space. With production facilities in Punjab and Madhya Pradesh, the company operates in two business segments: textiles and paper.
Yarn, towel, bedsheet, and coloured yarn manufacture are all part of the Textiles segment (including utility service). Paper, as well as sulfuric acid, are included in the Paper and Chemical/Chemical sector (including utility service). Solid bath suites, beach towels, embroidery towels, bathmats, bathrobe, printed bed sheets, duvets, duvet covers, pillow covers, viscose mixed yarn, core-spun yarn, wood yarn, Trident bed linen set, micro modal/cotton blending yarn are all part of the company’s product line.
Fundamental analysis of Trident stock
As per recent Trident Company News, Trident stock is going to boom with Q4 results that are about to come in a few days. Trident Ltd is the world’s largest terry towel maker. It is the flagship company of Trident Group, a US$ 1 billion Indian commercial powerhouse and global player based in Ludhiana, Punjab. Trident has grown into one of the world’s most comprehensive home textile manufacturers throughout the years. The business manufactures a wide range of yarns, bed and bath linens, paper, as well as chemicals.
The organization will be rated on a scale of one to five stars in ten different categories. We’ll get a cumulative stock rating for the enterprise based on this. The ratings are valid for at least three years, through FY 2022, because they are based on long-term prior achievement.
Prospects for the Future
The following are some key takeaways from the analysis, leadership meetings, and conference calls for the coming years.
Due to manufacturing shutdowns and flattened demand, the COVID-19 Lockdown will have a detrimental impact in the immediate run. Nevertheless, when the global hospitality, as well as tourism business, begins to operate in FY 2021, demand is likely to increase. The corporation will concentrate on innovation as well as branding in the next years. Trident now has over 15 brands and plans to grow its presence in international markets as per Trident Company News .
Read More : Should I Invest in Trident Company?
Decor Home Business 
Leave a comment