Analyst Rating
based on 1 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 1 analysts offering long term price targets for Trident Ltd. An average target of ₹37
Source: S&P Global Market Intelligence
Trident Ltd Share analysis
Trident Ltd price forecast by 1 analysts
Upside of2.32%
High
₹37
Target
₹37.00
Low
₹37
Trident Ltd target price ₹37, a slight upside of 2.32% compared to current price of ₹35.8. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Trident Ltd revenue growth forecast
Expected growth rate Q1, FY2026:28.48%
Forecast
Actual
Including amortisation and stock based compensations
Trident Ltd EPS growth forecast
EPS estimate Q1, FY2026:73.91%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹35.52₹36.4552 Week's Low
52 Week's High
₹32.4₹52.9
| Returns % | |
| 1 Month Return | -2.74 % |
| 3 Month Return | -6.27 % |
| 1 Year Return | -5.22 % |
| Market Stats | |
| Previous Close | ₹36.16 |
| Open | ₹36.28 |
| Volume | 55.82L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹18,427.38Cr |
Key Statistics
| P/E Ratio | 54.79 |
| PEG Ratio | -365.25 |
| Market Cap | ₹18,427.38 Cr |
| P/B Ratio | 5.15 |
| EPS | 0.69 |
| Dividend Yield | 0.99 |
| Sector | Textiles |
| ROE | 11.05 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹18,427.38 Cr | 104.26% | 0.66 | ₹349 Cr | ₹6,808 Cr | |
| HOLD | ₹33,969.08 Cr | 16.18% | 0.82 | -₹736 Cr | ₹13,995 Cr | |
| HOLD | ₹48,002.98 Cr | 23.98% | 0.55 | NA | NA | |
| BUY | ₹29,365.24 Cr | 140.41% | 0.54 | ₹805 Cr | ₹6,059 Cr | |
| BUY | ₹30,870.01 Cr | 7.23% | 0.64 | ₹414 Cr | ₹1,367 Cr |
Mutual Fund Holdings
Company Information
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: ₹35.80 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹18,427.38Cr as of today
Revenue: ₹1,742.71Cr as on June 2024 (Q2 24)
Net Profit: ₹73.89Cr as on June 2024 (Q2 24)
Listing date: 06 Jun, 2001
Chairperson Name: Rajiv Dewan
| Organisation | Trident Ltd |
| Headquarters | Ludhiana |
| Industry | Textiles |
| E-voting on shares | Click here to vote |
Key events for Trident Ltd
Trident Incorporates Wholly Owned Subsidiary in Singapore - 14 Sep, 2024
Trident Ltd has established a wholly owned subsidiary, Trident Group Enterprises Pte., in Singapore to diversify its business operations globally and explore future opportunities in textiles, treasury, investment, and financing.
Rajinder Gupta Named Ludhiana's Richest Man in 2024 - 07 Sep, 2024
Rajinder Gupta, founder and chairman of Trident Limited, has been recognized as Ludhiana's richest man with a net worth of $1.6 billion, according to Forbes. His wealth has increased from $1.4 billion in 2023 but has decreased from $2.6 billion in 2022.
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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 56.61 Cr → 73.73 Cr (in ₹), with an average increase of 23.2% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.70K Cr → 1.75K Cr (in ₹), with an average increase of 3.3% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.05% to 0.06% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 22.85% to 22.87% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Swan Energy Ltd has given 359.4% return, outperforming this stock by 309.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 73.19% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Swan Energy Ltd has given 102.4% return, outperforming this stock by 107.7%
NEGATIVE IMPACTPrice Dip
In the last 6 months, TRIDENT stock has moved down by -1.6%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 2.66% to 2.63% in Jun 2024 quarter
News
Indian textile firm Trident's revenue soars 16.66% in Q1 FY25
Trident Ltd reported a 16.66 per cent rise in Q1 FY25 revenue, reaching ₹17.42 billion (~$208.06 million). Consolidated profit after tax fell 19.1 per cent to ₹738.9 million....29 Jul, 2024 04:06 PMTrident Share Price Live blog for 30 Jul 2024
Trident Share Price Today Live Updates : Trident stock price went up today, 30 Jul 2024, by 1.19 %. The stock closed at 37.73 per share. The stock is currently trading at 38.18 per share. Investors should monitor Trident stock price closely in the coming days and weeks to see how it reacts to the news.30 Jul, 2024 08:00 AMTrident Share Price Live blog for 01 Aug 2024
Trident Share Price Today Live Updates : Trident stock price went down today, 01 Aug 2024, by -3.48 %. The stock closed at 40.8 per share. The stock is currently trading at 39.38 per share. Investors should monitor Trident stock price closely in the coming days and weeks to see how it reacts to the news.01 Aug, 2024 08:02 AMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.19% | 0.00 | |
| Foreign Institutions | 2.63% | ||
| Mutual Funds | 0.06% | 17.83 | |
| Retail Investors | 22.87% | 0.09 | |
| Others | 1.25% | 0.16 |
Key Indicators
Trident Ltd Valuation
Trident Ltd in the last 5 years
Lowest (10.62x)
May 16, 2019
Today (54.79x)
September 18, 2024
Industry (92.85x)
September 18, 2024
Highest (61.79x)
July 30, 2024
Earnings and Dividends
Trident Ltd Earnings Results
Trident Ltd’s net profit fell -21.06% since last year same period to ₹73.73Cr in the Q1 2024-2025. On a quarterly growth basis, Trident Ltd has generated 30.24% jump in its net profits since last 3-months.
Read More about Earnings ResultsTrident Ltd Dividends May,2024
In the quarter ending March 2024, Trident Ltd has declared dividend of ₹0.36 - translating a dividend yield of 2.01%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Trident Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Trident Ltd (TRIDENT) share price today is ₹35.8
Trident Ltd is listed on NSE
Trident Ltd is listed on BSE
- Today’s highest price of Trident Ltd is ₹36.45.
- Today’s lowest price of Trident Ltd is ₹35.52.
PE Ratio of Trident Ltd is 54.79
PE ratio = Trident Ltd Market price per share / Trident Ltd Earnings per share
Today’s traded volume of Trident Ltd(TRIDENT) is 55.82L.
Today’s market capitalisation of Trident Ltd(TRIDENT) is ₹18427.38Cr.
| Trident Ltd(TRIDENT | Price |
|---|---|
52 Week High | ₹52.9 |
52 Week Low | ₹32.4 |
Trident Ltd(TRIDENT) share price is ₹35.8. It is down -32.33% from its 52 Week High price of ₹52.9
Trident Ltd(TRIDENT) share price is ₹35.8. It is up 10.49% from its 52 Week Low price of ₹32.4
| Trident Ltd(TRIDENT | Returns |
|---|---|
1 Day Returns | -0.36% |
1 Month Returns | -2.74% |
3 Month Returns | -6.27% |
1 Year Returns | -5.22% |