Hello friends, this article will help you to get some knowledge about Trident Share Price Target 2023, 2024, 2025, 2026, and 2030. And we discuss the company’s business model and financials’s whether investing in Trident shares will be worth it or not. In 2001 Feb 21 Trident Group was listed on the National Stock Exchange of India.
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Trident Group was established in 1993 by Mr. Rajinder Gupta in Ludhiana. They started with textile manufacturing and exports in the early days, and after that, they expand their business to chemical and Paper divisions also.
So, let us see the full detail about Trident Share Price Target 2023, 2024, 2025, 2026, and 2030. Hope after reading this article you will definitely get some ideas on investing in Trident Company Shares.
Trident Share Price Target 2023, 2024, 2025, 2026, 2030.
Trident company is one of the largest textile manufacturers in India, they are very famous for their high-quality yarns, fabrics, and home textiles products. Right now they export to more than 150 countries worldwide. They had a paper manufacturing unit and did business in the renewable energy sector also.
In the last couple of years, the company’s share value increased tremendously, and investors got up to a 300% hike in their share values.
Trident Share Price Target 2023
For the last few years, due to the increasing order book of textile and paper products both in domestic and global markets, the company has been seen showing very good sales and profit growth in the last few years.
Trident group was making some good profit in the last two years because there is a demand for textile and paper products in the global market. Due to the demand the sales and growth were very good. Trident has a very strong brand value in the global market for its quality products. So in future paper and textiles demand will increase and this company will generate good revenue.
The Trident Company Target In 2023 Is First Target Is Rs. 41 And Second Target Is Rs. 44
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Trident Share Price Target 2024
Trident Limited has a total market share of 12% in the textiles industry in India. Total Market Cap is 19 thousand Cr in 2022. Trident is a mid-cap company. Looking at the company’s previous years’ financial details, trident limited generated revenue of 69.9b and a net income is 8.34 bn. The company’s cash flow has also been very good in the past few years.
In the last quarter, Trident Limited made Rs.143 Cr profit after tax, and their total sales value also increased by 16% from the last same quarter.
The Trident Company Target Is 2024 Is First Target Is Rs. 54 And Second Target Is Rs. 59
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Trident Share Price Target 2025
Trident’s Group of companies is now doing four businesses paper manufacturing, yarns, Terry towels, and chemicals. They had a capacity of manufacturing yarn 4767 Tonnes per annum and manufactured terry towels 100 looms, paper manufacturing 34250 tones per annum.
In the upcoming days, the company’s management is going to open its marketing offices in different locations to expand its business in new markets around the world. To compete with the global market company has taken actions to increase its production capacity.
The Trident Company Target Is 2025 Is First Target Is Rs. 70 And Second Target Is Rs. 80
Trident Share Price Target 2026
Trident Textiles are the leading manufacturer of Terry towels in India, and they export products to over 34 countries and 5 continents. The company’s export turnover was 50% of its total revenue.
For upcoming demands in the global market, companies need to expand their manufacturing capacity, they made some decent revenue from their paper production plant, but still, need to reduce the cost of production to increase the margin.
The Trident Company Target Is 2026 Is First Target Is Rs. 90 And its Second Target Is Rs. 100
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Trident Share Price Target 2030
Trident has a very lower debt-equity value which is 0.86. There is a lot of opportunity in the global market and Trident already has a strong name globally and keeps emerging in different markets. If you want to invest your money in Long- term investment Trident share Rate will give multi-bagger in the future.
If we looking the company’s past business and financial details there is a growth potential in the future also. So as I suggest in the future Trident shares will give you profitable returns.
In 2021 Trident opened its own e-commerce platform to sell its products direct to customers. Then they entered the detergent market named Tri-washing Powder in 2022.
The Trident Company Target Is 2030 Is First Target Is Rs. 110 And Second Target Is Rs. 250
| Company Name | Trident Limited |
| Founder Name | Rajinder Gupta |
| Founded | 1990 |
| Headquarters | Ludhiana, Punjab |
| CEO Of Company | Deepak Nanda |
| Website | https://www.tridentindia.com/ |
Trident Limited Business Overview
Trident Group was founded in 1993 by Mr. Rajinder Gupta, and 15,000 employees are working till 2022. The company’s headquarters is in Ludhiana, India. Trident Group is the biggest manufacturer of textiles and paper. Company manufacturing of goods, raw material sourcing to final product and distribution.
Trident Limited keep expanding its business in the renewable energy sector, they invested in wind energy projects to produce 200 MW. They planning to expand their renewable energy capacity and investments in solar and biomass energy.
Trident Textile Limited: Manufacturing of Terry towels, bed linen, and home furnishings from yarns and fabrics of cotton and man-made fabrics. Then they sell this product through their distribution channels.
They manufacture paper products from wood pulp and other raw materials, and also they manufacture tissue paper, and printing papers for education, packaging, and industry purpose.
Trident generates revenue from its renewable energy projects, the company involves generate wind energy and solar power and distribution.
- Terry Towels
- Paper
- Yarn
- Chemicals
- Home Textiles
- Stationery
Swot Analysis Of Trident Limited
As an investor before purchasing a share, we need to know about the strength and weaknesses of the company. So we can able to make the right decision to buy the shares or not.
Strength of Trident Limited
- The Company’s products are available on more than 45 E-commerce websites which the company’s products are easily available
- The Company Exports Its Products To More Than 160 Countries
- Company Holds More Than 15 Manufacturing Patents That Give The Company A Competitive Advantage
- Excellent Management Of The Company
- ROE Of The Company In the Last 4 Years Is 14.15 %
Weaknesses Of The Trident Company
- Cotton Prices are volatile they depend on international demand and are sensitive to factors such as insect infestation and rain problems
- Any Significant move by competing countries such as Vietnam, or China By changing local policies or importing countries to further develop their exports through bilateral relations may affect Trident LTD’s competitive Position
- Trident Company’s operating profits are highly dependent on fluctuations in the prices of raw materials a key raw material
Competition Of Trident Company
- Garware Technic
- Lux Industries
- Page Industries
- Raymond
- Welspun India
- KPR Mill
Trident Limited Shareholding Pattern
| Holders Name | Percentage |
|---|---|
| No Of Shares | 100. % |
| Others | 3.31 % |
| General Public | 18.74 % |
| Foreign Institutes | 3.17 % |
| Promoters | 72.94 % |
| Financial Institutes | 0.01 % |
| Bank Mutual Funds | 0.04 % |
| GDR | 1.79 % |
Trident Share Price Target 2023, 2024, 2025, 2026, 2030
| Years | First Target | Second Target |
|---|---|---|
| Trident Share Price Target 2021 | Rs. 10 | Rs. 53 |
| Trident Share Price Target 2022 | Rs. 64 | Rs. 34 |
| Trident Share Price Target 2023 | Rs. 41 | Rs. 44 |
| Trident Share Price Target 2024 | Rs. 54 | Rs. 59 |
| Trident Share Price Target 2025 | Rs. 70 | Rs. 80 |
| Trident Share Price Target 2026 | Rs. 90 | Rs.100 |
| Trident Share Price Target 2030 | Rs. 110 | Rs. 250 |
Conclusion
Trident Company LTD’s Business Model is very attractive which is to Target the Right customers and produce quality Products. In the future, there is a lot of opportunities in the textile industry, and the government also announced a lot of schemes to increase exports in the textile industry. Trident Group Share Price increases its investment each and every year in textile manufacturing. So there is a good sign of the company’s growth.
Trident already has a strong base in the global market, if you invest in Trident groups it would be a multi-bagger in the future. Hope this article will give you some basic knowledge about Trident Share Price Target.
Disclaimer
We provide information for educational purposes only, if you want to invest in this company please make sure to do some market research and suggestions with your financial advisor. We are not any SEBI registered financial advisor.
FAQ
Will Trident Share Go Up In the Future?
a Long term Increase Is expected The Trident LTD stock Price Prognosis For 2028-02-04 Is 43.919 INR
Is Trident a Good Stock For the Long Term?
Strong Sell For Long-Term And Good Investment
Is Trident a Penny Stock?
Penny Stocks That Cult Be Multibaggers Urja Global Trident Can Be Tracked as Per Initial Analysis
Is Trident Backed By TATA?
Starting The Retail Division With Tanishq Jewelers [TATA Group]
Is Trident a Debt-Free Company?
Trident Has a low Net Debt To EBITDA Ratio Of Only 0.86
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