Trident Share Price Target 2024, 2025, 2030, 2040, 2050
Trident Ltd is a company that works in making textiles. It’s worth about Rs. 20,521.87 crores. In December 2018, it made sales worth Rs. 1,823.28 crores and earned a profit of Rs. 107.42 crores.
What is Trident Ltd NSE: TRIDENT?
Trident Ltd started in 1990 and is located in Raikot, India. They make and sell textiles like bed sheets, towels, paper, and chemicals. They have two main parts of their business: making textiles and making paper and chemicals.
In the textile part, they make things like yarn, towels, bed sheets, and dyed yarn. In the paper and chemical part, they make paper and sulfuric acid. They have factories in Barnala, Punjab, and Budni, Madhya Pradesh. Their paper products include different kinds like copier paper, writing paper, printing paper, and more. They also make special papers like Sublimation Paper and Cup Stock.
Trident share price Target 2024
It created a strong value in the worldwide with its products. The company continuously performing well and it can also be seen in its share price. After the pandemic, you can see a huge uptrend in its share. the company expects its order book to increase rapidly in the coming years. In the first quarter of 2024, the bullish sentiment of the market will likely stay the same with some consolidation in the beginning few months.
| Year | Minimum Price | Maximum Price |
| 2024 | 36 | 56 |
Trident share price Target 2025
Trident Limited’s stock price goes up because it sells different kinds of products in textiles, paper, and chemicals. Trident India is trying to make products that are good for the environment because that’s what people want now. Trident Ltd’s share price goes up and down because the textile industry and competition change a lot. So, if you’re thinking of investing for a long time, Trident Ltd could be a good option.
| Year | Minimum Price | Maximum Price |
| 2025 | 50 | 62 |
Trident share price Target 2030
It developed other things that as clothes, paper, and chemicals and it is good for the investors. Because if one department is not doing well then the other part still makes money, and as of now the company doing very well in all its products. So you can invest here for a long period.
| Year | Minimum Price | Maximum Price |
| 2030 | 110 | 121 |
Trident share price Target 2040
Trident is also planning to grow, investing in new things, and getting help from the government to make stuff in the country, which is all good news for them. People have positive hopes for Trident Company in the long run. It might give you good profits if you invest in it for a long time. Right now, its share price is low, but it could go up later, making you money.
| Year | Minimum Price | Maximum Price |
| 2040 | 240 | 300 |
Trident share price Target 2050
Lots of companies worldwide use new technology to plan for the future, aiming to stay strong in the market and grow their business. Trident Company is doing the same thing. They want to introduce new brands soon. If everything goes well, they might launch these new brands by 2050.
| Year | Minimum Price | Maximum Price |
| 2050 | 500 | 610 |
Should I Buy Trident stock?
The company is well-reputed in its respective market. If you see its financial year result then you can see that every year It gives you positive and good profits and it will also reflect on its share too. The highest price has gone up to rs 62 and now the price is very low so, you can invest your money with proper risk-reward management.
Trident Ltd earning results
| Enterprise value | ₹210,149,490,688.00 |
| Enterprise revenue | 3.14 |
| Enterprise EBITDA | 22.81 |
| Payout ratio | 42.86% |
| P/E ratio | 47.56 |
| Price / Sales | 3.00 |
| Price / Book | 4.85 |
| Book value | ₹8.24 |
| Total cash | 4.02B |
| Total cash per share | ₹0.81 |
| Free cash flow | – |
| Operating cash flow | – |
| Total debt | 16.64B |
| Debt / Equity | 40.09 |
| Total revenue | 67.00B |
| Revenue per share | ₹13.31 |
| Quarterly revenue growth | 11.80% |
| EBITDA margin | 13.75% |
| EBITDA | 9.21B |
| Gross profit | – |
| Gross margin | 49.17% |
| Earnings per share | ₹0.84 |
| 50 day average | ₹40.92 |
| 200 day average | ₹38.28 |
| Last split date | December 13, 2019 |
| Last split factor | 10:1 |
| Ex-Dividend date | June 1, 2023 |
| Forward annual dividend rate | ₹0.36 |
| Forward annual dividend yield | 0.89% |
| Five Year Avg Dividend Yield | 3.19 |
| % Held by insiders | 77.40% |
| % Held by Institutions | 2.11% |
Expert Forecasts on the Future of Trident Ltd.
Trident Limited has been expanding its business in India and other countries. However, its revenue has been going up and down recently. Looking at how the market is now and the competition Trident might deal with in the future. But also it not only produces a single product so If one goes down then it will not affect much on its share price.
Is Trident Stock Good to Buy? (Bull Case & Bear Case)
Bull Case:
- Diversified Business: Trident Limited operates in multiple sectors, including textiles, paper, and chemicals, which can provide stability and growth opportunities.
- Cost Efficiency: Trident has been focused on improving, efficiency and reducing costs, which could positive impact.
- Market Position: Trident holds a strong market position in various segments, which may help it compete and maintain its growth trajectory.
Bear Case:
- Revenue Volatility: Despite expansion efforts, Trident has experienced fluctuations in its revenue in recent times, indicating potential challenges in sustaining consistent growth.
- Competition: Increasing competition in the textile, paper, and chemical industries could pressure Trident’s market share and profitability.
- External Factors: External factors such as changes in government policies, raw material prices, and global trade dynamics could adversely affect Trident’s business operations and financial results.
Conclusion
Trident has some good points like making different products, trying to grow more, and being efficient with money. But there are also risks, its price going up and down, tough times when the economy isn’t doing well, and competition from other companies. So we have discussed the main aspect by which you can decide to buy it or not.
