CARE Ratings rates Trident at CARE AA
Trident (TRIDENT) said CARE Ratings has reviewed its credit rating at CARE AA. The company is valued at about ₹12,006 crore.
What happened
In a filing with the BSE on 13 November 2026 at 11:44 AM, Trident (TRIDENT) said that CARE Ratings has reviewed its credit rating at CARE AA.
From the filing: "Stable Rea ffi rmed Short Term Bank Facilities 12.50 CARE A1+ Rea ffi rmed A copy of the press release published by CARE Ratings Limited ('CARE') is enclosed herewith."
Company snapshot
Trident is a small-cap company in the Textiles sector, with a market value of about ₹12,006 crore.
The stock last traded at ₹23.56, against a 52-week range of ₹20.15–₹30.94 (23.9% below the high).
Before this filing the shares had moved +6.4% over the month and −5.0% over three months. Average daily turnover over the last 20 sessions was about ₹44.16 crore.
Promoters held 73.68% at the end of Q2 FY27. Foreign institutions owned 3.23% and domestic institutions 0.27%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,787 | 90.9 | 0.18 |
| Q3 FY26 | 1,574 | 44.2 | 0.09 |
| Q4 FY26 | 1,633 | 102 | 0.2 |
| Q1 FY27 | 1,787 | 158.1 | 0.31 |
| Q2 FY27 | 1,719 | 175.6 | 0.34 |
What history shows
BCEIE's records show 6 previous credit rating filings from the company since May 2026.
After those filings, the stock gained 1.7% on average the next trading day and was up 1.0% on average after five days (6 filings with price data).
Across 5 similar disclosures by other Textiles companies, shares moved +1.2% on average the next day and +2.9% over five days; 80% of them rose the next day.
Market-wide, 1,464 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Nov 2026 | Trident Limited has informed the exchange about ESG Rating | +12.4% | +13.5% |
| 8 Sept 2026 | Credit Rating | −0.8% | −3.6% |
| 25 Aug 2026 | Credit rating | −0.2% | −1.5% |
| 18 Aug 2026 | Credit rating | −0.3% | −0.6% |
| 18 Aug 2026 | Credit rating | −0.3% | −0.6% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Nifty 500: Trident jumps 10%, KEC falls 6% on Q2 results; here are the big movers at open - CNBC TV18
- Trident shares rally 13% as Q2 profit soars 93% YoY to ₹176 crore; board approves ₹4,650 crore capacity expansion plan
- Trident Shares Surge 13% as Q2 Profit Nearly Doubles
- Triumph Trident 800 Front Right Three Quarter Image – Trident 800 Photos in India
- TRIDENT: Q2 profit strengthened as a INR 4,650 crore multi-segment expansion was approved in principle
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.