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Trident Share Price Target 2024, 2025, 2027, 2030, 2040

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If you think about which share will be best for investment in recent times then you should know about Trident Share Price Target. Today in our blog we will explain the basic idea about Trident Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

Trident Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the Trident Share Price Target 2024 to 2040.

What is Trident Limited Company?

Trident Limited Company is associated with the manufacturing and selling of home textiles like high-quality yarn, and terry towels but in recent times the company has expanded its part in the area of paper, chemicals, energy generation, etc. The Company’s Yarn Plant is situated in Sanghera, Panjab which produces both Cotton and acrylic yarn.

Overview Of Trident Limited Company

Trident Company reaches its products to millions of customers in more than 100 countries. The company has a total of 25 manufacturing plants and stores for manufacturing and distributing the company’s products. The company is also one of the largest wheat straw-based paper manufacturers in India.

Company NameTrident Limited Company
Market Cap₹19,425.69 Crore
Book Value₹8.47
Face Value₹1
52 Week High₹53.12
52 Week Low₹31.66
P/B4.47
DIV. YIELD0.97

Financial Data Analysis Of Trident Limited Company

We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Trident Share Price Target also depended upon the ratio described below.

PE RatioReturn On Assets (ROA)Current RatioReturn On Equity (ROE)
49.976.43%1.3610.66%

History Of Trident Share Price Target From 2024 to 2040

Trident Share is a bullish trend in the share market. Trident Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 1 year’s share price growth was +4.74 (14.23%), the last 5 year’s share growth was +32.53 (596.88%) and the maximum share growth was +37.48 (7,496.00%).

Trident Share Price return percentage was 15.27% in the last 1 year, in the last 3 year’s share price return percentage was 114.58%, the last 5 years share price return percentage was 528.12%. If anyone wants to invest in Trient Share on a long-term basis it will be profitable. Let’s have a look at the Trient Share Price Target from 2024 to 2040.

Also Read – Asian Paints Share Price Target

Trident Share Price Target 2024

The Company’s production Yarn is 100% Cotton combed, blended, zero-twist, and air-rich yarn. The company’s bed collections are newly designed, innovated, and made with new fibers. The bed sheets are solid or printed, & top-up sheet duvets and comforters are fitted. Pillows are quilts and decorated. The branded bedsheets associated with the companies are Fabio King Bedsheet, Diamond King Bedsheet, Kutch King Bedsheet, etc.

YearTrident Share Price Target 2024
1st Price Target35.26
2nd Price Target43.12

The ROE percentage of the company was 13.89% in the last 5 years which increased to 14.92% in the last 3 years and the last 1 year the percentage decreased to 10.77%. The ROCE percentage was 13.59% in the last 5 years which increased to 15.20% in the last 3 years and in the last 1 year it became 11.69%. If we look at the Trident Share Price Target 2024 forecast, the 1st Price Target is ₹35.26 and the 2nd Price Target is ₹43.12.

Trident Share Price Target 2025

In the year 2001, the company first augmented with towel units. For the production of towels, the company follows the eco-friendly process. The Bath Linen are luxury organic, dobby texture bath mats, designer jacquard, checkered waffle, infants & kids usefridly. The bath brands which are associated with the company are Finesse Bath Towel Set, Nectarsoft Bath Towel, Classic Bath Towel Set, etc.

YearTrident Share Price Target 2025
1st Price Target45.36
2nd Price Target55.25

The Total Revenue amount was ₹6,301.63 Crore in March 2023 which increased to ₹6,800.25 Crore in March 2024. The Net Revenue from Operation was ₹5,946.36 Crore in March 2023 which increased to ₹6,810.36 Crore in March 2024. If we look at the Trident Share Price Target 2025 forecast, the 1st Price Target is ₹45.36 and the 2nd Price Target is ₹55.25.

Trident Share Price Target 2027

In the year 2011, the company first launched paper brands. In the paper manufacturing field, the company has the highest operating margin in all of India. The company manufactures different types of paper like branded copier paper, bible, & offset print paper, writing & printing map litho paper, drawing paper, digital printing paper, watermark paper, cartridge paper, stiffener paper, bond paper, etc. The associated paper brands are Spectrabond, Enviro, Digiprint, Royal Touch, etc.

YearTrident Share Price Target 2027
1st Price Target68.36
2nd Price Target76.23

The Profit Growth of the company was 9.90% in the last 5 years which decreased to 7.85% in the last 3year’s and in the last 1 year, it decreased to -49.25%. The Net Profit amount was ₹815.63 Crore in March 2022 which decreased to ₹422.63 Crore in March 2023. If we look at the Trident Share Price Target 2027 forecast, the 1st Price Target is ₹68.36 and the 2nd Price Target is ₹76.23.

Trident Share Price Target 2030

The Yarn of Trident Company is a 3 decades-old legacy that began in the year 1993 with just 17,250 Spindles in Panjab. In recent times the company has been one of the largest Yarn Units under 8.16 Spindles. The company has a total of 7464 rotors with a total manufacturing capacity of 458.4 MT/Day. From the Yarn segment, the company’s earning revenue was 30% in the year 2019, which decreased to 27% in the year 2020.

YearTrident Share Price Target 2030
1st Price Target100.10
2nd Price Target110

As a very old company, the promoter Holding Capacity of the company is good at 73% to 75%, which means many good investors want to invest in the share. The Profit after tax amount was ₹117.25 Crore in March 2023 which decreased to ₹64.21 Crore in March 2024. If we look at the Trident Share Price Target 2030 forecast, the 1st Price Target is ₹100.10 and the 2nd Price Target is ₹110.

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Trident Share Price Target 2040

In the year 1985, the company established Varinder Agro Chemical Limited for chemical manufacturing with 100 TPD manufacturing capacity. Trident Company is one of the leading Sulphuric Acid manufacturers in India. With the help of the Borosilicate glass manufacturer plant, the company manufactures LA/AR grade Sulphuric Acid. Trident Company also has power generation capacity such as in Dhaula location has 40 MW power generation capacity.

YearTrident Share Price Target 2040
1st Price Target220
2nd Price Target235

The Sales percentage of the company was 6.55% in the last 5 years which increased to 10.52% in the last 3 years and in the last 1 year it decreased to -9.43%. The Net Sales amount of the company was ₹1,596.23 Crore in March 2023 which increased to ₹1,689.52 Crore in March 2024. The Tax amount of the company was ₹117.25 Crore in March 2023 which increased to ₹19.96 Crore in March 2024. If we look at the Trident Share Price Target 2040 forecast, the 1st Price Target is ₹220 and the 2nd Price Target is ₹235.

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Peer’s Company of Trident Limited Company

  • Aananda Lakshmi
  • Acknit Industri
  • Active Clothing
  • Addi Industries
  • Aditya Spinners

Investors Types And Ratio Of Trident Limited Company

There are mainly four main Types of Investors in Trident Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. Trident Company’s promoter holding capacity is 73.20%.

Public Holding

Public Investors are individuals who invest in the public market for profit in the future (large and small companies). Trident Company’s public holding capacity is 24.15%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. Trident Company’s FII is 2.60%.

DII

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. Trident Company’s DII is 0.05%.

Advantages and Disadvantages Of Trident Share

Every share has some advantages and some disadvantages also. So, the Trident Share Price Target also has some advantages and disadvantages.

Advantages

  • The company has a small amount of debt and the company has a good interest cover ratio which is 8.20.
  • The company has an efficient cash conversation cycle of 35.96 days.
  • The cash flow management of the company is good, PAT stands at 2.06.
  • The Book Value amount of the company has been increasing in the last 2 years.
  • The Promoter Holding capacity of the company is good which is 73.20%.
  • The Company is increasing with zero promoter pledges.

Disadvantages

  • The Profit Growth of the company decreased to 7.85% in the last 5 years.
  • The revenue growth of the company is not so good which is 10.11% in the last 3 years.
  • The Sales Growth of the company has been 10.52% in the last 3 years which is also not so good.
  • The ROE and ROCE percentage of the company decreased in the last 2 years.

Also Read – Grasim Share Price Target

FAQ

What is the main function of Trident Company?

Trident Company is mainly attached to manufacturing home textiles like high-quality yarn and terry towels. The company also expanded its branches in the fields of Chemical manufacturing, power generation, and paper manufacturing.

Who is the CEO of Trident Company?

Mr. Samir Joshipura is the CEO of the Trident Company.

Should I invest in Trident Share right now?

The last 5 years’ share price growth of Trident Share was 596.88%, and the last 3 years’ share price return percentage of Trident company was 114.58%. The promoter holding capacity is good which means many good investor wants to invest in the share. If anyone wants to invest in Trient Share on a long-term basis it will be profitable.

What is the Trident Share Price Target for 2024?

Trident Share Price Target for 2024 is ₹35.26 to ₹43.12.

What is the Trident Share Price Target for 2025?

Trident Share Price Target for 2025 is ₹45.36 to ₹55.25.

What is the Trident Share Price Target for 2027?

Trident Share Price Target for 2027 is ₹68.36 to ₹76.23.

What is the Trident Share Price Target for 2028?

Trident Share Price Target for 2028 is ₹77.12 to ₹85.89.

What is the Trident Share Price Target for 2030?

Trident Share Price Target for 2030 is ₹100.10 to ₹110.

What is the Trident Share Price Target for 2040?

Trident Share Price Target for 2040 is ₹220 to ₹235.

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Trident Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Trident Share Price Target may reach a very high position. Trident Company is related to the textile, chemical, and electricity generation sectors. So the demand for this sector also increases which helps the share to gain profit in the future.

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Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.

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