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Trident Ltd share price logo

Trident Share Price

(TRIDENT)

₹31.162.66%

as on 11:59AM, 22 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Trident Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Trident. An average target of ₹37

Source: S&P Global Market Intelligence

Trident Share analysis

Trident price forecast by 1 analysts

Upside of15.59%

High

₹37

Target

₹37.00

Low

₹37

Trident target price ₹37, a slight upside of 15.59% compared to current price of ₹31.16. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Trident Performance

  • Day's Low

    Day's High

    ₹31.1
    Day's Price Range
    ₹31.99
  • 52 Week's Low

    52 Week's High

    ₹29.51
    52-Week Price Range
    ₹49.15
1 Month Return-4.62 %
3 Month Return-3.29 %
1 Year Return-25.47 %
Previous Close₹32.01
Open₹31.15
Volume40.86L
Upper Circuit-
Lower Circuit-
Market Cap₹16,312.51Cr

Trident Key Statistics

P/E Ratio49.25
PEG Ratio-182.39
Market Cap₹16,312.51 Cr
P/B Ratio5.15
EPS0.69
Dividend Yield0
SectorTextiles
ROE11.05

Trident Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹16,312.51 Cr69.54%0.66₹349 Cr₹6,808 Cr
SELL₹29,688.19 Cr3.96%0.82-₹736 Cr₹13,995 Cr
HOLD₹51,280.88 Cr16.16%0.55NANA
BUY₹32,935.49 Cr124.4%0.54₹805 Cr₹6,059 Cr
BUY₹28,243.37 Cr4.91%0.64₹414 Cr₹1,367 Cr

About Trident

Trident Limited is a leading Indian company in the textiles and paper manufacturing sectors, known for its high-quality home textiles and paper products. The company was incorporated in 1990 by Rajinder Gupta and is headquartered in Ludhiana, Punjab. Trident is registered under the Company Identification Number (CIN) L99999PB1990PLC010307. The company's core lines of business include the production of yarn, terry towels, bedsheets, paper, and chemicals, catering to both domestic and international markets.

Trident operates globally, exporting its products to over 100 countries, including major markets in the United States, Europe, and the Middle East. The company has several sub-brands under its textiles division, such as Trident Home Essentials for home textiles and Trident Paper for paper products. A notable fact about Trident is its status as one of the largest manufacturers of terry towels in the world. Additionally, the company is known for its sustainability initiatives, using eco-friendly processes in its manufacturing operations to reduce environmental impact.

Share Price: ₹31.16 per share as on 22 Jan, 2025 11:59 AM
Market Capitalisation: ₹16,312.51Cr as of today
Revenue: ₹1,712.94Cr as on September 2024 (Q3 24)
Net Profit: ₹83.32Cr as on September 2024 (Q3 24)
Listing date: 21 Feb, 2001
Chairperson Name: Rajiv Dewan
OrganisationTrident
HeadquartersLudhiana
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Trident Ltd

  • Trident Ltd Shares Surge on Investment Plans - 10 Dec, 2024

    Trident Ltd's share price surged following Chairman Rajinder Gupta's announcement of a Rs 3,000 crore investment in Madhya Pradesh's textile sector, creating more jobs. The stock saw significant gains, reflecting investor confidence in the company's growth potential and the textile industry's resurgence.
  • Trident Ltd Announces Major Investment and Stock Surge - 09 Dec, 2024

    Trident Group plans a Rs 3,000 crore investment in Madhya Pradesh, creating 3,000 jobs. The stock surged 14% following this announcement, reflecting positive market sentiment.

Insights on Trident Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 22.75% to 22.82% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 56.61 Cr → 83.19 Cr (in ₹), with an average increase of 17.3% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.73% to 2.84% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.07% to 0.09% in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, K P R Mill Ltd has given 20.8% return, outperforming this stock by 56.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 244.9% return, outperforming this stock by 299.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.19% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.75K Cr → 1.72K Cr (in ₹), with an average decrease of 1.9% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, TRIDENT stock has moved down by -54.1%

Trident Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,797.52Cr (-)₹1,835.34Cr (↑2.10%)₹1,682.26Cr (↓8.34%)₹1,742.71Cr (↑3.59%)₹1,712.94Cr (↓1.71%)
Net Income₹90.31Cr (-)₹109.31Cr (↑21.04%)₹59.01Cr (↓46.02%)₹73.89Cr (↑25.22%)₹83.32Cr (↑12.76%)
Net Profit Margin5.02% (-)5.96% (↑18.73%)3.51% (↓41.11%)4.24% (↑20.80%)4.86% (↑14.62%)
Value in ₹ crore
Details2021202220232024
Total Assets₹5,767.67Cr (-)₹6,443.34Cr (↑11.71%)₹6,723.16Cr (↑4.34%)₹7,538.12Cr (↑12.12%)
Total Liabilities₹2,451.12Cr (-)₹2,646.12Cr (↑7.96%)₹2,597.39Cr (↓1.84%)₹3,229.02Cr (↑24.32%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,209.44Cr (-)₹499.12Cr (↓58.73%)₹906.38Cr (↑81.60%)₹1,433.11Cr (↑58.11%)₹274.89Cr (↓80.82%)

Index Inclusions

Nifty Small 100

₹17,039.05

-2.39 (-417.45%)

S&P BSE 250 SmallCap

₹6,455.04

-2.14 (-141.35%)

Nifty MidSmallcap 400

₹18,383.95

-1.9 (-356.25%)

Nifty Smallcap 250

₹16,115.40

-2.24 (-368.7%)

BSE 500

₹33,492.02

-0.6 (-201.45%)

S&P BSE 400 MidSmallCap

₹11,157.62

-1.88 (-213.34%)

Nifty 500

₹21,289.20

-0.67 (-144%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹50,584.07

-2.19 (-1130.55%)

Trident Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.19%
0.00
Foreign Institutions
2.84%
4.01
Mutual Funds
0.09%
15.53
Retail Investors
22.82%
0.29
Others
1.07%
-14.81

Trident Key Indicators

Details20202021202220232024
Return On Assets %5.925.2812.946.564.64
Details20202021202220232024
Book Value Per Share (₹)6.076.537.518.198.47
Details20202021202220232024
Earning Per Share (₹)0.680.61.640.870.69
Details20202021202220232024
Return On Equity %11.591125.3812.911.05

Trident Valuation

Trident in the last 5 years

  • Overview

  • Trends

Lowest (10.62x)

May 16, 2019

Today (49.25x)

January 21, 2025

Industry (71.92x)

January 21, 2025

Highest (61.79x)

July 30, 2024

LowHigh

Trident Earnings and Dividends

  • Trident Ltd Earnings Results

    Trident Ltd’s net profit fell -8.29% since last year same period to ₹83.19Cr in the Q2 2024-2025. On a quarterly growth basis, Trident Ltd has generated 12.83% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Trident Ltd Dividends May,2024

    In the quarter ending March 2024, Trident Ltd has declared dividend of ₹0.36 - translating a dividend yield of 2.25%.

    Read More about Dividends

Trident Technicals Summary

Bearish

Neutral

Bullish

Bearish

Trident Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Trident Ltd

Trident Ltd share price today stands at ₹31.16, Open. ₹31.15 ; Previous Close. ₹32.01 ; High. ₹31.99 ; Low. ₹31.1 ; 52 Week High. ₹49.15 ; 52 Week Low: ₹29.51.

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Trident Ltd is listed on NSE

Trident Ltd is listed on BSE

  • Today’s highest price of Trident Ltd is ₹31.99.
  • Today’s lowest price of Trident Ltd is ₹31.1.

PE Ratio of Trident Ltd is 49.25

PE ratio = Trident Ltd Market price per share / Trident Ltd Earnings per share

Today’s traded volume of Trident Ltd(TRIDENT) is 40.86L.

Today’s market capitalisation of Trident Ltd(TRIDENT) is ₹16312.51Cr.

Trident Ltd(TRIDENTPrice
52 Week High
₹49.15
52 Week Low
₹29.51

Trident Ltd(TRIDENT) share price is ₹31.16. It is down -36.60% from its 52 Week High price of ₹49.15

Trident Ltd(TRIDENT) share price is ₹31.16. It is up 5.59% from its 52 Week Low price of ₹29.51

Trident Ltd(TRIDENTReturns
1 Day Returns
-0.85%
1 Month Returns
-4.62%
3 Month Returns
-3.29%
1 Year Returns
-25.47%