Trident share gains over 3%. Is the rally on solid ground?

Trident’s stock has been back in action, climbing 3.6 per cent to around Rs 32.3 in today’s trade (July 8, 2025). That’s caught the attention of retail investors scanning for mid-cap opportunities with turnaround potential. But while the momentum’s heating up, the real question is — are the fundamentals keeping pace? What’s moving the stock The share price has moved up over 15 per cent in the last month and over 30 per cent from its 52-week low. One reason is improved sentiment in the textile space — rising export orders and easing raw material prices. Another is a better-than-expected March quarter: Trident posted a Rs 133 crore net profit, its best in five quarters. About the company Ludhiana-based T