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Trident Limited is engaged in manufacturing, trading, and selling Textiles (Yarn, Terry Towels & Bedsheets) and Paper & Chemicals. It is a vertically integrated textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer and Home Textile Space in India. The Company operates in two business segments such as Textiles and Paper with its manufacturing facilities located in Punjab and Madhya Pradesh. The Textiles segment includes yarn, towel, bedsheets, and dyed yarn manufacturing (including utility service). The Paper and Chemical/Chemical segment includes paper and sulfuric acid (including utility service). The Company's product portfolio includes solid bath ensembles, beach towels, embroidered towels, bathmats, bathrobes, printed bed linen, duvets, duvet covers, cushion covers, viscose blended yarn, core-spun yarn, bamboo/cotton yarn, dyed bed linen set, micro modal/cotton blended yarn, drawing paper, and Bible and offset print paper.
Upcoming Events for TRIDENT
Q2 2023 Trident Ltd Earnings Release
Q3 2023 Trident Ltd Earnings Release
As of Today at 02:52 UTC, shares in Trident are trading at IN₹39.75. This share price information is delayed by 15 minutes.
Shares in Trident last closed at IN₹39.75 and the price had moved by +95.33% over the past 365 days. In terms of relative price strength the Trident share price has outperformed the S&P BSE 100 Index by +80.59% over the past year.
The overall consensus recommendation for Trident is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Trident dividend yield is 0.91% based on the trailing twelve month period.
Last year, Trident paid a total dividend of IN₹0.36, and it currently has a trailing dividend yield of 0.91%. We do not have any data on when Trident is to next pay dividends.
We do not have data on when Trident is to next pay dividends. The historic dividend yield on Trident shares is currently 0.91%.
To buy shares in Trident you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of IN₹39.75, shares in Trident had a market capitalisation of IN₹202.56bn.
Here are the trading details for Trident:
- Country of listing: India
- Exchange: NSI
- Ticker Symbol: TRIDENT
Based on an overall assessment of its quality, value and momentum Trident is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Trident is IN₹55.50. That is 39.62% above the last closing price of IN₹39.75.
Analysts covering Trident currently have a consensus Earnings Per Share (EPS) forecast of IN₹1.90 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Trident. Over the past six months, its share price has underperformed the S&P BSE 100 Index by -33.59%.
As of the last closing price of IN₹39.75, shares in Trident were trading -18.7% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Trident PE ratio based on its reported earnings over the past 12 months is 18.78. The shares last closed at IN₹39.75.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Trident's management team is headed by:
- Rajinder Gupta - CHM
- Abhinav Gupta - CFO
- Ramandeep Kaur - CCO
- Deepak Nanda - MDR
- Amandeep .. - MDR
- Dinesh Mittal - IND
- Anthony Desa - NID
- Rajiv Dewan - NID
- Manish Prasad - NID