This post predicts the Trident share price target 2025 to 2030 . Right now, Trident shares cost 39.45 INR. In the next year, the price might go up to ₹46.06. In 5 years, the price could rise to ₹88.8, based on current trends.

History:

Trident Group is an Indian company that makes textiles, paper, and chemicals. It is based in Ludhiana, Punjab, and was started in 1985. The company makes products like yarns, towels, paper, and chemicals. Mr. Rajinder Gupta started the company in the mid-1980s with an investment of 6.5 crore rupees in the chemicals and fertilizers business.

The Trident stock on the NSE (National Stock Exchange) has increased by 42% in the last six months. However, the stock price went down by 5.60% last month since January 8th, 2024. This article will talk about what influences the target price for Trident stock in 2025 and later.

 

Trident Latest News:

– The broking firm “Jefferies” has rated Trident as a “Buy” because it expects the company’s earnings from cigarettes to grow 7% per year between 2023 and 2026.
– Trident reported a 25% drop in profit for the third quarter, down to 109 crore rupees.
– Trident Limited plans to invest 1,450 crore rupees to increase its production of spinning and bath linens.
– Recently, the Income Tax Department raided several Trident Group locations in Punjab and the NCR region.
– Trident Group won the Design and Concept Award at Paperex 2023.

 

Trident Stock details

BSE Script Code	521064
Face Value	1
Symbol	TRIDENT
BSE Script ID	TRIDENT
ISIN Number	INE064C01022
Industry	Other Textile Products
Series	EQ
52 Week High	₹52.80 (9 January, 2024)
52 Week Low	₹32.60 (28 July, 2023)

 

 

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Trident financials:

TRIDENT LTD. BSE Stock

Day Open	₹41.7
Day High – Low	₹41.41 – ₹39.29
Previous Day Close	₹40.79
Total Traded Shares	48,18,595
Total Number of Trades	20,311
Net Turnover	₹19,27,05,340.00

 

 

Trident Limited NSE Stock

Day Open	₹41.09
Day High – Low	₹41.45 – ₹39.25
Previous Day Close	₹40.78
Total Traded Shares	4,24,05,480
Total Number of Trades	96,234
Net Turnover (Rs)	₹1,69,56,04,698.92

 

Also Read : HDFC Bank Share Price Target

 

 

Trident Share Price Target (2024)

 

In 2023, many Indian stocks, including TRIDENT, saw a big increase in value. This upward trend is expected to continue in the first part of 2024, with some small pauses for stabilization. According to technical analysis, TRIDENT’s share price is expected to be between ₹48.12 and ₹65.23 in 2024.

 

Month		Target
January		₹48.12
February		₹48.97
March		₹47.78
April		₹46.76
May		₹52.81
June		₹63.07
July		₹63.09
August		₹64.01
September		₹64.12
October		₹64.4
November		₹64.09
December		₹65.23

 

 

Read More : IDFC First Bank Share Price Target

 

Summary

• Trident Ltd is expected to have a starting price target of ₹48.12 in 2024.
• If market conditions are good, Trident Ltd could reach a price target of ₹65.23 by mid-2024.
• By the end of 2024, Trident Ltd’s price might go up to ₹64.06 if the market trends are positive.

(It’s recommended to get expert advice before making any investment decisions.)

 

Trident Share Price Target 2025

Month (2025)	Maximum Target
January	Rs. 58
February	Rs. 54
March	Rs. 60
April	Rs. 62
May	Rs. 59.6
June	Rs. 60.9
July	Rs. 63
August	Rs. 66
September	Rs. 69
October	Rs. 71
November	Rs. 72
December	Rs. 75

 

(It’s recommended to get expert advice before making any investment decisions.)

 

Trident Share Price Target 2026 to 2030

Year	Maximum Target
2026	Rs. 81
2027	Rs. 104
2028	Rs. 119
2029	Rs. 140
2030	Rs. 165

 

This table shows the target prices for TRIDENT company each year from 2024 to 2030. The target price is an estimate of what the stock might be worth in the future, based on expected earnings and assumed values. Remember that these are just predictions, and the actual stock price may be higher or lower. Always talk to a financial advisor for accurate information.

 

Trident Financials 2023

Revenue	63.31 Billion INR	⬇-9.49% YOY
Operating expense	22.73 Billion INR	⬇-6.89% YOY
Net Income	4.51 Billion INR	⬇ -47.24% YOY
Net Profit Margin	6.96	⬇ -41.76% YOY
Earnings Per Share	0.84	⬇ -49.69%
EBITDA	9.29 Billion INR	⬇ -37.73%
Effective Tax Rate	23.74%
Total Assets	68.29 Billion INR	⬆ 5.30%  YOY
Total Liabilities	26.35 Billion INR	⬇ 0.39%  YOY
Total Equity	41.94 Billion INR
Return on assets	5.93%
Return on Capital	7.13%
P/E Ratio	49.24
Dividend Yield	1.58%

 

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Trident LTD Shareholding Pattern

• Promoters: 73.19%
• Foreign Institutional Investors (FII): 2.55%
• Mutual Funds: 0.05%
• Retail & Others: 24.20%

 

Advantages of Investing in Trident Ltd

1. Diversification:
Trident Ltd works in different industries like textiles and paper. This helps reduce risk for investors because it spreads out the company’s activities. Trident has over 10,000 employees and sells its products in more than 100 countries, making it a stable and varied investment choice.

2. Innovation and Quality:
Trident is known for producing high-quality products and focusing on new ideas. It is one of the largest makers of terry towels globally, producing more than 360 million towels every year. The company’s dedication to quality gives it a strong position in the global market, making it attractive to investors.

3. Sustainability:
Trident focuses on being environmentally friendly. The company uses methods like recycling water and using renewable energy. For instance, Trident saves around 9 billion liters of water each year. This commitment to sustainability appeals to consumers and investors who care about the environment.

Disadvantages of Investing in Trident Ltd

1. Market Fluctuations:
Trident Ltd works in industries like textiles and paper, which can be affected by market changes. Changes in consumer preferences, economic downturns, or global trade issues can lower demand for their products and reduce profits.

2. Regulatory Risks:
Trident must follow many rules related to the environment, labor laws, and international trade. New or changing regulations could increase costs or make it harder for the company to do business, especially in other countries.

3. Competition:
The company faces strong competition from other large firms in the textiles and paper industries. Competitors with better technology or lower costs can take away Trident’s market share and reduce its profits.

4. Currency Exchange Risk:
Trident sells products in over 100 countries, so changes in currency exchange rates can impact revenue and profits. Negative currency movements could lead to financial losses.

5. Dependence on Key Markets:
A large part of Trident’s income comes from important markets like the U.S. and Europe. Economic problems or changes in trade policies in these regions can hurt the company’s performance.

6. Raw Material Costs:
The prices of raw materials, like cotton and agricultural residues, can be unstable. Higher costs for these materials can increase production costs and reduce profit margins unless Trident can pass these costs to customers.

Why Trident share is falling:

Shares of textile fabric manufacturer Trident dropped by as much as 8.93% to reach an intraday low of Rs 36.91 per share. This drop happened after the company reported weak earnings for the fourth quarter of the financial year 2024 (Q4FY24). Trident’s net profit fell by 54.8%, down to Rs 59 crore in Q4FY24, compared to Rs 130.6 crore in the same quarter of the previous year (Q4FY23).

Despite the drop in profit, revenue increased by 7%, reaching Rs 1,682 crore in the March quarter of FY24, up from Rs 1,573 crore in the March quarter of the previous fiscal year. However, the company’s operating profit (Ebitda) decreased by 23.5% year-on-year to Rs 205 crore, compared to Rs 268 crore.

Additionally, the Ebitda margin, which measures the company’s operating efficiency, shrank by 480 basis points, dropping to 12.2% in Q4FY24 from 17% in Q4FY23.

Reasons for the Low Trident Share Price

The low share price of Trident Ltd can be due to several reasons, as shown in recent financial reports and market conditions:

1. Declining Profits

• Net Profit Drop: Trident’s net profit fell by 54.8% in the fourth quarter of the financial year 2024 (Q4FY24), dropping from Rs 130.6 crore in Q4FY23 to Rs 59 crore. This big drop in profit can make investors lose confidence, causing the share price to fall.

2. Pressure on Operating Margins

• Lower Ebitda and Margins: Trident’s operating profit, known as Ebitda, decreased by 23.5%, from Rs 268 crore to Rs 205 crore. The Ebitda margin, which shows the company’s profitability, also fell from 17% to 12.2%. This means the company is facing higher costs or earning less per product sold, which can worry investors.

3. Market Fluctuations

• Textile Industry Changes: The textile industry can be unpredictable, with changing raw material prices, consumer preferences, and global trade issues. If cotton prices rise or consumer demand changes, Trident’s costs and sales can be negatively impacted, affecting its financial performance and share price.

4. Intense Competition

• Competitive Pressure: Trident faces strong competition from other big companies with better technology or more efficient production methods. This competition can lead to price wars, lower market share, and reduced profits, which can lower Trident’s stock price.

5. Regulatory and Economic Challenges

• Regulatory Risks: Trident has to follow strict environmental and labor regulations, which can increase costs. Changes in trade policies or tariffs can also affect its export revenues, adding uncertainty and potentially scaring off investors.

6. Investor Sentiment

• Market Perception: How investors feel about Trident is important for its share price. If investors are worried about the company’s declining profits and efficiency, they might avoid buying the stock, leading to a lower share price.

7. Macro-Economic Factors

• Economic Conditions: Broader economic issues like inflation or geopolitical tensions can reduce consumer spending and business investments. These macroeconomic factors can hurt Trident’s sales and profits, contributing to a lower share price.

Trident LTD Competitors (Market Cap: ₹23,263 crore)

• Grasim Industries – ₹1,40,591.97 crore
• Alok Industries – ₹15,163 crore
• Welspun Living – ₹14,824.94 crore
• Vardhman Textiles Ltd – ₹12,374.70 crore

 

Points to Consider Before Investing in Trident (NSE) Stock

• Focus on Technology: Trident is focused on using technology and innovation to increase sales in their textile business.
• Diverse Products: The company benefits from having a variety of products in textiles, paper, and chemicals.
• Eco-Friendly Products: Trident is working hard to create eco-friendly products to stay in line with the market trend of sustainability.
• Raw Material Prices: The company’s stock price is affected by changes in the cost of raw materials.
• Exports: 70% of Trident’s revenue comes from exports, which is a significant factor for the company.
• Industry Volatility: Trident’s stock price can be unstable due to changes in the textile industry and competition, making long-term investment a potentially better option.

 

Conclusion

Trident’s share price has experienced ups and downs over the past five years on the National Stock Exchange (NSE) of India. Since March 1, 2019, the company’s stock price has risen by 629%, from ₹6.24 to ₹45.50 on February 7, 2024. However, in the last 12 months, the stock price has fluctuated. It increased by 41.74% since February 8, 2023, increased by 42.41% since August 8, 2023, and decreased by 5.60% since January 8, 2024.

Trident Limited has been expanding its business both in India and abroad. However, its revenue has experienced ups and downs recently. Considering the current market situation and competition, Trident may face challenges in the coming years.