Trident share price target 2025

Welcome, dear friends. Today we will learn about Trident share price target 2025, Trident Ltd. company. Trident technical analysis and fundamental analysis. This post is only for educational purposes and is not to be treated as a piece of investment advice.

About the company

Before we proceed to derive the Trident share price target 2025, let us learn about the company first. Trident Ltd. was established in the year 1990. It is into the manufacturing of Yarn, Bed sheets, Terry Towels, paper, chemicals, etc. The company is headed by Chairman, Mr. Rajinder Gupta & is headquartered in Ludhiana, Punjab. Mr. Rajinder Gupta was awarded the Padma Shri Award by the honourable President of India. The company employs more than 13000 people and has a global reach of more than 150 countries. Exports play a major role in the company’s revenue stream.

Fundamental Analysis – Trident share price

Let us understand the fundamentals of Trident Limited. The company presently has a market cap of more than Rs 18500 cr and a book value of Rs 8.2. The current price of Trident share price is Rs 36.5. The 52-week high and low share price of Trident is Rs 43.8 & Rs 25 respectively. The company has a ROCE and ROE of 11.5% and 11% respectively. The stock commands a price-to-earnings ratio of 46. The company has a healthy dividend payout of more than 46%. The debtor days have improved from 26 to 15.5 days.

P&L	Mar-21	Mar-22	Mar-23
Sales (in cr)	4531	6998	6332
Opr.profit (in cr)	826	1520	947
OPM	18%	22%	15%
Net profit(in cr)	304	834	442

The sales of the company are Rs 6332 cr in 2023 and the operating profit is Rs 947cr. The operating margin of the company in the year 2023 is 15%. The company has earned a net profit of Rs 442 cr in 2023. The profit in the year 2023 has dropped by 47% from the year 2022. The compounded sales growth of Trident Ltd. for the last 10 years is 7%. The stock price CAGR over the last ten years is 41%. The compounded profit growth of the company over 10 years is 25%. The company has assets worth Rs 6829 cr in its balance sheet as of the year 2023.

Technical chart analysis – Trident

Below is the weekly chart of Trident group price movement. Let us study the chart and derive some conclusions from it to make an informed decision.

Point A – It is the starting point of our analysis. The price level of Rs 7.9 in the month of June 2020 is this level. The breakout of this price took place at point B. The date was 17th November 2020.

Point C – Post this breakout, the price made a high of Rs 16.95. The share price consolidated for 27 weeks and then it gave a breakout at point D. This date was 5th July 2021. Trident share price made a high of Rs 65.7 in the month of January 2022. This price did not sustain and it started crashing. As you can see in the chart picture above, the price retracted to 200 ema (Point F)and this level acted as a strong support. The price then made a high at point G, which is Rs 36.85. Trident share price is again retesting this level and if it moves above this price, then it may towards the all-time high price. Investors who wait patiently and enter and exit at the right levels can reap great profits.

Trident share price target 2025 to 2030

The bar chart below shows the derived Trident share price nse for the upcoming years. This is based on the study of the technical and fundamentals of the company and based on our experience of more than a decade in the market.

Trident share price target 2024 is Rs 47. Investors need to make an informed decision before making any investment decision.

Disclaimer

This is to state that we are not SEBI-registered analysts. The above blog post is written as per our knowledge of the market experience of the past decade. This blog post should not be treated as a piece of investment advice. The readers should take it as only a learning article. Readers are advised to consult their financial advisors before making any decision on the investments. Readers who wish to learn more, please check the links below:

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