{"id":113386,"date":"2023-11-08T15:15:00","date_gmt":"2023-11-08T09:45:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113386"},"modified":"2023-11-08T15:13:57","modified_gmt":"2023-11-08T09:43:57","slug":"leading-textile-manufacturer-gets-approval-for-its-patent-from-united-states-patent-trademark-office","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/leading-textile-manufacturer-gets-approval-for-its-patent-from-united-states-patent-trademark-office\/","title":{"rendered":"Leading textile manufacturer gets approval for its patent from United States Patent &#038; Trademark office\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3500120352\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of one of the leading textile manufacturers in green after it receives an approval for one of its patents from the United States Patent &amp; Trademark office.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1223966898\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 1:03 p.m the shares of Trident Limited were trading at Rs. 36.60 down 0.54 percent from its previous day close price of Rs. 36.80 and its market capitalization is Rs. 18,651 Crores.&nbsp;<\/p><p>As per the company\u2019s filing, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TRIDENT\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Trident Limited<\/a><\/strong> has been granted a patent for &#8220;Wet Processing Technique for producing Terry Fabrics&#8221; by the United States Patent &amp; Trademark Office.\u00a0<\/p><p>The patent comprises of an improved method for wet processing to produce improved terry fabrics exhibiting enhanced softness, bulk, absorbency, reduced lint loss, hand-feel, improved pile standing ability without use of Poly Vinyl Alcohol (PVA).&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1496152934\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The grant of this patent by the United States Patent &amp; Trademark Office provides further recognition of the quality of innovation carried out by Trident.&nbsp;<\/p><p>The company\u2019s revenue declined 9.51 percent from Rs. 6,997.66 Crores in FY22 to Rs. 6,332.26 Crores in FY23, accompanied by decreasing profits of Rs. 833.75 Crores to Rs. 440.74 Crores.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 10.99 percent and a return on capital employed (ROCE) of 12 percent, it is making decent returns on its equity and capital employed.&nbsp;<\/p><p>According to the latest shareholding data available for the September 2023 quarter, the company\u2019s Promoters hold 73.19 percent stake, the Domestic Institutional Investors hold 0.05 percent and the Foreign Institutional Investors (FII) hold 2.56 percent.&nbsp;<\/p><p>Trident Limited is engaged in manufacturing, trading and selling of textiles, chemicals and paper.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-3980809048\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3203465198\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of one of the leading textile manufacturers in green after it receives an approval for one of its patents from the United States Patent &amp; Trademark office.&nbsp; At 1:03 p.m the shares of Trident Limited were trading at Rs. 36.60 down 0.54 percent from its previous day close price of Rs. 36.80 and [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[2103,2104,7916,7915,6837,6838,6839,5530,8344,2716,9478,2463,5911,4189,2715],"class_list":["post-113386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-textile","tag-textile-industry","tag-textile-stock-to-buy-in-2023","tag-textile-stock-to-watch","tag-textile-stocks","tag-textile-stocks-to-buy-now","tag-textile-stocks-to-watch","tag-trident","tag-trident-business","tag-trident-future","tag-trident-latest-news","tag-trident-limited","tag-trident-limited-share-price","tag-trident-news","tag-trident-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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