Trident Share Price: Founded in 1990, Trident Limited is a leading manufacturer in India’s textiles and paper sector. With a diverse product range including towels, yarn, sheets, paper, and chemicals, the company has gained recognition in both domestic and international markets.
Known for its high-quality products and sustainable business practices, Trident is poised for significant growth in 2024, making it a key player for investors.
This analysis provides an in-depth discussion of Trident’s stock price targets from 2024 to 2030, taking into account the company’s financial performance, market trends, and strategic initiatives. With its solid foundation and focus on innovation, Trident is expected to maintain its upward momentum, offering promising opportunities for stakeholders in the coming years.
Trident Company Overview
| Company Name | Trident Ltd. |
| Founded | 1990 |
| Headquarters | India |
| Industry | Textiles and Apparel |
| Chairman | Rajinder Gupta |
| Stock Exchange Listing | NSE & BSE |
| Official Website | tridentindia.com |
Trident Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹19,364.63 Cr. |
| ROE | 9.24% |
| ROCE | 11.30% |
| P/E | 58.92 |
| P/B | 4.53 |
| Div. Yield | 1.05% |
| Book Value | ₹8.40 |
| Face Value | ₹1 |
| EPS (TTM) | ₹0.64 |
| 52 Week High | ₹52.90 |
| 52 Week Low | ₹31.07 |
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Trident Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 68.09B | 7.53% |
| Operating expense | 27.35B | 19.81% |
| Net income | 3.50B | -20.70% |
| Net profit margin | 5.13 | -26.29% |
| Earnings per share | 0.69 | -17.88% |
| EBITDA | 9.09B | -2.09% |
| Effective tax rate | 26.60% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 4.84B | 39.72% |
| Total assets | 75.63B | 10.76% |
| Total liabilities | 32.46B | 23.19% |
| Total equity | 43.18B | — |
| Shares outstanding | 5.15B | — |
| Price to book | 4.11 | — |
| Return on assets | 4.90% | — |
| Return on capital | 5.84% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 3.50B | -20.70% |
| Cash from operations | 2.87B | -79.86% |
| Cash from investing | -7.18B | 38.36% |
| Cash from financing | 3.40B | 182.86% |
| Net change in cash | -1.00B | 30.48% |
| Free cash flow | -6.20B | -199.31% |
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Trident Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Trident Share Price Target 2024 | ₹47 |
| Trident Share Price Target 2025 | ₹63 |
| Trident Share Price Target 2026 | ₹79 |
| Trident Share Price Target 2027 | ₹101 |
| Trident Share Price Target 2028 | ₹120 |
| Trident Share Price Target 2029 | ₹143 |
| Trident Share Price Target 2030 | ₹165 |
Trident Shareholding Pattern
- Retail & Other: 24.01%
- Promoters: 73.19%
- Foreign Institutions: 2.73%
- Mutual Funds: 0.07%
- Other Domestic Institutions: —
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Trident Competitors/Peer Companies
- Vardhman Textiles
- Nitin Spinners
- Sutlej Textiles
- Rajapalayam Mills
- RSWM
- Ambika Cotton Mills
- R & B Denims
- Pashupati Cotspin
- Precot
- Vardhman Polytex
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FAQs
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What is the Trident Ltd Target Price 2025?
By 2025, Trident’s share price is anticipated to reach 63 INR. This projection highlights the company’s steady growth in the textiles and apparel industry, driven by its innovative products and commitment to quality. Trident’s strategic initiatives and strong market presence are expected to contribute significantly to its continued success.
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What is the Trident Ltd Target Price 2026?
With a target of 79 INR in 2026, Trident continues to showcase its robust market presence. This increase reflects the company’s ongoing efforts to expand its product offerings and enhance operational efficiencies. Investors have shown confidence in Trident’s ability to maintain its growth trajectory and deliver consistent returns.
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What is the Trident Ltd Target Price 2027?
The forecast for 2027 projects Trident’s share price to rise to 101 INR. This optimistic outlook is based on the company’s strong financial performance and strategic investments in new technologies and markets. Trident’s focus on sustainability and innovation is expected to drive its growth and bolster its market position.
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What is the Trident Ltd Target Price 2029?
The target for 2029 is set at 143 INR, indicating Trident’s robust position and potential for continued growth in the industry. The company’s strategic partnerships and investments in advanced manufacturing technologies are expected to enhance its competitive edge. Trident’s commitment to delivering high-quality products and services remains a driving force behind its success.
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What is the Trident Ltd Target Price 2030?
By 2030, Trident’s share price is expected to reach an impressive 165 INR. This projection reflects the company’s sustained excellence and leadership in textiles and apparel. Trident’s strong brand reputation, innovative product portfolio, and focus on sustainable practices are anticipated to contribute to its long-term growth and market dominance.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
