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Trident Share Price Target 2024, 2025, 2026, 2030, 2035

Trident

Trident Share Price Target: The Trident company is recognized as a textiles manufacturer but has also extended its wings in areas such as paper and chemicals, energy and much more.

It was founded in early 1990 with the initial goal of making textiles. It is one of India’s largest producers of Yarn, Bath Linen, Bed Linen, Captive Power and Wheat Straw-based Paper Chemicals.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Trident Share Price Target 2024, 2025, 2026, 2030, 2035.

It will also help you in making a final decision about your next investment. However, first, let’s examine this company, its history and its complete business structure.

Trident Company Overview

Headquarters located in Ludhiana Punjab, Trident Limited has grown into a leading global player in textiles under the direction of its Chairman, founder Mr. Rajinder Gupta, a first-generation entrepreneur.

It is an industry leader in producing Yarn, Bath Linen, Bed Linen, Paper, Chemicals and Captive Power. It has modern factories in Barnala, Punjab and Budni, Madhya Pradesh.

This company manufactures, sells and trades textiles such as Yarn, Terry Towels & Bedsheets, and Paper & Chemicals.

This plant was purchased by an issue of the general public in October 1992.

Trident Share Price

Now the stock was in an uptrend. But this trend is dependent on the market’s sentiments.

The price of shares for this company can fluctuate according to various variables like economic performance, business conditions, and general economic conditions.

The Trident company shares are currently trading (as of March 13, 2024) at Rs.35.85. Now let us take a look at the expected share prices in the future.

Trident Share Price Target 2024

For investors who want to remain invested in Trident in the long run, the amount you invest will also rise with the expansion of the business. It is expanding its operations to diverse markets through various strategies for marketing.

They have strong cash flow from operations and basically built a solid business base. Trident is associated with many MNCs such as Amazon, Walmart, Dmart etc. So there is always the backing of government officials and the public for this share.

This means that the cost of production is decreased to a minimal cost. This enables the company to be competitive with foreign firms at a much lower price.

For long-term effects in your portfolio, as regards the Trident stock involved, you have to keep the stock for at least 2 years to experience positive performance.

Trident Share Price Target For 2024 As Follows:

Target 1Target 2
January₹25₹30
February₹36₹38
March₹45₹60
April₹74₹78
May₹82₹85
June₹91₹85
July₹102₹103
August₹106₹109
September₹110₹112
October₹115₹119
November₹121₹122
December₹124₹126

Trident Share Price Target 2025

In addition to being a part of the market in its home country, Trident is seen trying to expand its product lines in new global markets.

If you look at certain product categories, it is also evident that the company could obtain an upper position in the world market through Trident’s global reach.

Trident Share Price Target For 2025 As Follows:

Target 1Target 2
January₹128₹130
February₹132₹134
March₹136₹140
April₹142₹145
May₹152₹156
June₹160₹162
July₹164₹168
August₹172₹175
September₹178₹181
October₹184₹188
November₹192₹195
December₹200₹205

Trident Share Price Target 2026

With the ever-growing expansion in the industry of textiles in the global market each year, the business is looking to make full preparations for enormous investments in the next few years to grow its operations.

According to the company’s management, by 2026, the business will be operating under a whole plan of investing up to 7200 crores in its business.

If this goal is achieved in the future, then you will see a huge increase in the price of shares accordingly.

Trident Share Price Target For 2026 As Follows:

Target
January₹210
February₹216
March₹225
April₹231
May₹236
June₹241
July₹245
August₹251
September₹263
October₹271
November₹275
December₹278

Trident Share Price Target 2027

In the energy industry, the company is a major player in the market for renewable energy, and the future of this industry appears promising in the context of rising concerns about climate change.

The company will have to continue investing in and growing its portfolio of renewable energy sources to benefit from the growth.

Trident Share Price Target For 2027 As Follows:

Target
January₹280
February₹286
March₹295
April₹300
May₹306
June₹310
July₹315
August₹316
September₹324
October₹330
November₹342
December₹345

Trident Share Price Target 2028

Trident is building a strong presence in increasingly new markets by offering top-quality products in the world market.

To satisfy this ever-growing demand, the company is looking to increase the existing manufacturing facility’s capacity and create new manufacturing facilities.

Trident Share Price Target For 2028 As Follows:

Target
January₹351
February₹356
March₹362
April₹371
May₹376
June₹382
July₹396
August₹400
September₹406
October₹412
November₹418
December₹426
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Trident Share Price Target 2029

To increase the company’s expansion in the future, Trident is rapidly launching new products ranging from premium to extremely low range, with various brand names in the textiles sector that will appeal to all kinds of consumers.

This means that the company is capable of attracting an increasing number of customers whose benefits will certainly be noticed in the future.

Trident Share Price Target For 2029 As Follows:

Target
January₹436
February₹441
March₹449
April₹451
May₹462
June₹471
July₹485
August₹491
September₹500
October₹506
November₹510
December₹518

Trident Share Price Target 2030

In addition, to support the development of the business, the company is seeing its business diversify in the Trident paper and textile business as and in the chemical, energy, and FMCG sectors.

In the future, should Trident see high profits from these emerging areas, this is the case, then. As a result, the possibility of a huge boom in the operations of Trident is certain to be observed.

Trident Share Price Target For 2030 As Follows:

Target
January₹524
February₹531
March₹546
April₹551
May₹559
June₹564
July₹571
August₹585
September₹596
October₹605
November₹615
December₹625

Trident Share Price Target 2035

2035Target 1Target 2
₹724₹794

Trident Share Price Target 2040

2040Target 1Target 2
₹906₹945

Trident Share Price Target 2050

2050Target 1Target 2
1369₹1546

Trident Share Price Target Table

TargetMinimumMaximum
2024₹25₹126
2025₹128₹205
2026₹210₹278
2027₹280₹345
2028₹351₹426
2029₹436₹518
2030₹524₹625
2035₹724₹794
2040₹906₹945
2050₹1369₹1546

fundamental Analysis of Trident

Several fundamental aspects are the basis of Trident Limited that we should examine before making an investment decision.

These include the company’s financial statements and trends in the industry, general economic conditions, the state of debt, and so on.

Market Cap₹ 18,088 Cr.
52-wk High₹ 52.9 
52-wk Low₹ 25.0
Stock P/E43.0
Book Value₹ 8.14
Dividend0.99 %
ROCE11.9 %
ROE11.0 %
Face Value₹ 1.00
P/B Value4.36
OPM15.6 %
EPS₹ 0.90
Debt₹ 1,664 Cr.
Debt to Equity0.40

However, it is important to consult with a financial professional to understand any investment’s risks and potential rewards.

Trident Shareholding Pattern

Trident Limited is a publicly traded company, and its stock is traded on both the National Stock Exchange and the Bombay Stock Exchange in India.

Promoters:73.19%
FIIs:2.56%
DIIs:0.05%
Government: 0.00%
Public: 22.95%

Trident Share: Last 5 Years’ Financial Performance

Last 5 Years’ sales:

2019₹5,249 Cr
2020₹4,728 Cr
2021₹4,531 Cr
2022₹6,998 Cr
2023₹6,506 Cr

Last 5 Years’ Net Profit:

2019₹372 Cr
2020₹340 Cr
2021₹304 Cr
2022₹834 Cr
2023₹457 Cr

Last 5 Years’ Reserves:

2019₹2,475 Cr
2020₹2,523 Cr
2021₹2,819 Cr
2022₹3,335 Cr
2023₹3,641 Cr

Last 5 Years’ Total Assets:

2019₹6,156 Cr
2020₹5,776 Cr
2021₹5,772 Cr
2022₹6,489 Cr
2023₹7,030 Cr

What Is The Future Of Trident Share?

If we consider the textile industry in the near future, the government has received a lot of attention over the last few years under various schemes.

The government also offers financial assistance to help local manufacturing companies such as Trident that are involved in this sector. This is the right thing, which Trident is taking advantage of.

Risks of Trident Share

The biggest risk in Trident’s business is the majority of the revenue of the company is derived from exports, due to which you will always have Forex risk in Trident because the price of dollars will fluctuate between a low and a high, and the impact will affect Trident.

Concerning the second risk, in the textile industry, there is a risk that one large or small player is certain to be seen in every sector, and the competitiveness in the industry is ever-growing, thanks to which Trident has limited time to expand its operations.

Conclusion

This article is a complete guide to Trident Share Price Target, where you can find out what Trident is, its businesses, and Trident Share Price Target 2024, 2025, 2026, 2030, 2035. Also, We have talked in detail about Trident’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Trident so that you can consider investing in the future.

If you have any questions, please contact us in the comment box. We will be happy to answer any questions you may have.

If you like this information, share the article with as many people as possible.

Also Read: Vodafone Idea Share Price Target 2024, 2025, 2026, 2030

FAQ

How much debt does Trident have?

Trident Company has a debt of ₹ 1,664 crores. However, the debt-to-equity ratio is 0.40, which is not a lot.

Can Trident become a multibagger stock?

This is currently a multiple-bagger and has increased more than 350% in a year.

Is Trident One Penny Stock?

It’s not a penny stock. It is an organization with a mid-cap that is multi-bagger.

How many times does Trident give dividends?

Even in terms of dividends, Trident Share is looking great; over the past few years, the company has constantly paid dividends to its shareholders.

Since September 14, 2006, Trident has given a total of 25 dividends. This company boasts a great dividend track record and has declared dividends consistently over the past five years.

Will Trident Share price skyrocket?

At present, the value of shares in Trident is in the zone of consolidation and is consolidating at the support level of Rs.33.

What is the Trident company known for?

It is the largest producer of yarn, as well as bath and bed linen as well as paper, chemicals as well as captive power. New production plants are situated in Budni, Madhya Pradesh, and Barnala, Punjab. 

What do financial experts have to say regarding Trident Ltd?

Analysts have said it’s a solid buy based on their trading views, and they have given the price they want to achieve in the range of Rs.35 in the coming days.

What will Trident Share be in the future?

The way how Trident is growing the market shares in the entire world textile industry by introducing one new product after the next; there are enormous opportunities for Trident’s business expansion in the near future.

Is it a good time to buy Trident shares?

If you notice an increase in Trident Share, then consider investing in a little amount over an extended time.

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