Trident Ltd.

NSE: TRIDENT | BSE: 521064 | ISIN: INE064C01022 | Industry: Textiles
| Falling Comet

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Trident Ltd.
09 May 2018
25.47
-2.75%
IDBI Capital
Textiles segment sales rose 11.1% QoQ to Rs9,661 mn, but declined 7.9% YoY. Segment EBIT was lower than our estimate and fell to Rs650 mn (-11.2% QoQ, 46.8% YoY). On a positive note, bath linen and bed linen registered volume growth of 12% and 28%, QoQ, respectively. Paper & Chemicals segment EBIT fell 6.9% QoQ to Rs601 mn. Segment EBIT margin contracted 137bps QoQ to 27.5%....
Trident Ltd. average weekly volume is high.
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