Remain invested in Trident, says Shahina Mukadam

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "I would recommend to continue holding on to Trident. Trident is showing improved numbers, profitability is looking up. Basically their raw material cost both cotton and non-cotton, are well under control. Also I think with China becoming less competitive, India is becoming more competitive and I think over a period of time we can see better realisations and overall better margins for Trident, so I would hold."

At 15:24 hrs Trident was quoting at Rs 85.10, down Rs 1.45, or 1.68 percent on the BSE.