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TRIDENT — Trident News Story

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Consumer CyclicalsBalancedMid CapHigh Flyer

India's Trident rises to two-month high after quarterly profit jump

** Shares of Trident TRIE.NS rise as much as 5.4% to 33.9 rupees, highest since May 25

** Textiles firm posts a nearly 90% rise in first-quarter profit; lower raw material and employee costs offset decline in sales

** Revenue from operations down 2% Y/Y

** More than 11.2 shares change hands, 1.1x of 30-day avg

** Stock down 0.6% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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