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HomeSHARE MARKET4 Months Ago Share Price Was Only ₹35; Share Gave 593% Return...

4 Months Ago Share Price Was Only ₹35; Share Gave 593% Return In 4 Months

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Trident Techlabs Ltd ( NSE: TECHLABS): Trident Techlabs’ IPO of Trident Techlabs came 4 months ago, and the issue price was Rs 35. Trident Techlabs’ shares were trading at 242.50 on the 12th of April 2024. 

The shares from Trident Techlabs have risen 593 percent from the price at issue of 35 rupees. 

The 52-week peak of Trident Techlabs’s shares is Rs 291.80, but the 52-week low is Rs 93.25.

Jumped Between Rs 35 And 240

The IPO of Trident Techlabs Limited opened on December 21st, 2023, and remained open until December 26th, 2023. 

The company’s share cost during the IPO was around 35 rupees. On December 29th, 2023, the shares of Trident Techlabs were listed at around 98.15. 

The company’s shares closed at 103.05 on the day of the listing, which was an increase. 

On the day of the listing, the company’s shares jumped by 195 percent from the quoted price. 

Since then, the firm’s share price has increased massively. On April 12, 2024, it was trading for 242.50.

763 Times IPO subscribed

It was revealed in the press that the IPO of Trident Techlabs was subscribed to 763.30 times. 

The company had 1059.43 stakes for retail investors at the time of the company’s IPO. 

In addition, the quota for Non-Institutional Investors (NII) was subscribed to 854.37 times. 

The Trident Techlabs’ IPO was backed 117.91 times under QIB, or Qualified Institutional Buyers class. 

Retail investors were able to purchase 1 lot during Trident Techlabs’ IPO. The company offered 4000 shares of an entire lot in the IPO. 

So, retail investors were required to put up Rs 140000. The total amount of the public offering of Trident Techlabs was up to 16.03 crore.

About Trident Techlabs Ltd Company 

Trident Techlabs Ltd was founded in 2000 and specializes in technology solutions for high-growth industries such as aerospace, defense, automotive, telecommunications semiconductors, power distribution, and telecommunications.

The company is divided into two business verticals. Power System Solutions Vertical is the second vertical, and it focuses on providing products and services for power distribution utilities.

The primary objective of this vertical is to optimize transmission infrastructure that has aged while addressing challenges brought about by the shift to renewable sources.

This vertical is responsible for managing intermittent generation from renewable resources and deploying smart grid technologies to improve transmission investment decisions.

Fundamental Analysis of Trident Techlabs Ltd

Market Cap₹ 419 Cr.
Current Price₹ 242
52-wk High₹ 292 
52-wk Low₹ 93.2
Stock P/E75.6
Book Value
Dividend0.00 %
ROCE24.0 %
ROE34.4 %
Face Value₹ 10.0
P/B Value
OPM15.1 %
EPS₹ 19.8
Debt₹ 23.0 Cr.
Debt to Equity1.22

Trident Techlabs Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 250₹ 275
2025₹ 282₹ 314
2026₹ 330₹ 365
2027₹ 375₹ 400
2028₹ 412₹ 440
2029₹ 445₹ 455
2030₹ 484₹ 523
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Trident Techlabs Ltd Shareholding Pattern

Promoters Holding
Dec 202367.97%
FII Holding
Dec 20231.69%
DII Holding
Dec 202312.36%
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Public Holding
Dec 202317.97%

Trident Techlabs Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 3 Years’ Sales:

2021₹ 28.20 Cr
2022₹ 29.74 Cr
2023₹ 67.35 Cr

Last 3 Years’ Net Profit:

2021₹ -0.33 Cr
2022₹ 0.64 Cr
2023₹ 5.55 Cr
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Last 1 Years’ Debt-To-Equity Ratio:


Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:
Current Year:779%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:34%

Sales Growth Over 10 Years:

10 Years:
5 Years:
3 Years:
Current Year:126%


This article is a complete guide about Trident Techlabs Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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