**B r i l l i a n t**
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Greetings!
What is the fresh view of our experts on the Trident group. The stock seems to be consolidating for almost a year now while the future looks bright for the Textile manufacturing and exports. Does Trident have a potential to give a multi bagger return from here?
Some negatives observed are below due to which the investment decision is very difficult and need help -
- Sales and Profit growth is not consistent
- Degrowth in Revenue and Profit QoQ
- Negative Cash flow due to Investing activities. Fixed asset purchased of around 797 crore and around 400 crores of negative return from other investing activities. Unable to track the investments.
- Auditor Resigned
- Income tax department raids. Unable to find the outcomes.
Will really appreciate insights from the experts here.
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