Trident Ltd is a conglomerate of companies dealing in various sectors like paper, chemical, energy etc. It is primarily engaged in the manufacturing of paper products, such as writing paper, printing paper, fine paper, packaging paper and more. In recent years, the company has expanded its operations and diversified into new areas such as renewable energy.
It is a flagship company of the group known as Trident Ltd, which is listed on both the NSE and BSE in India. As per official data, the company has a market capitalization is ₹16,154.00 crore as of February 2023.
If we look at its revenue and profit growth, then the financial performance of this company has been very strong in the last few years. At present, its share price is ₹32.10 and may reach ₹45.20 by the end of the year 2023. The expected share price in 2025 could be ₹70.50.
The company reported a total revenue of ₹ 6941,62 crore in FY22, its market capitalization is ₹15,870.00 Cr and its volume is 2,306,568. However, we are here for its future share price targets for the years 2023, 2024, 2025 and 2028.
Table of Contents
Trident Ltd Stock – Overview
Trident Limited is a very strong stock for the long term and it has very low debt and a high dividend payout ratio. Still, investing in the stock market involves risk, and there is no guarantee that you will make a profit. Below we have mentioned important information about Trident Ltd stock which are as follows:
| Company Name | Trident Limited |
| Industry | Agro-based paper manufacturers |
| Country | India |
| Primary Exchange | NSE/BSE |
| Volume | 2,306,568.00 |
| Market Cap | Rs 15,870.00 (Cr) |
| Net Income | Rs 129.35 (Cr) |
| Net Profit Margin | 7.7% |
| EPS (TTM) | 0.97 |
| PE Ratio | 29.54 |
| Dividend Yield | 1.26 |
| ROE | 23.25% |
| Buy / Sell / Hold | Hold |
| Debt to Equity | 0.31 |
| Open (Feb-23) | 31.75 |
| Low | 31.55 |
| High | 32.10 |
| 52 Week Low | 26.70 |
| 52 Week High | 57.40 |
| Face Value | 1 |
| Official Website | www.tridentindia.com |
Trident Ltd share price history (last 5 years)
Trident stock’s historical share price performance has seen a lot of ups and downs over the past few years:
| Year | Month | Low | High |
|---|---|---|---|
| 2018 | Feb | 7.11 | 7.50 |
| 2018 | Aug | 5.28 | 5.89 |
| 2019 | Feb | 5.90 | 6.74 |
| 2019 | Aug | 5.28 | 5.89 |
| 2020 | Feb | 5.50 | 6.50 |
| 2020 | Aug | 6.45 | 7.10 |
| 2021 | Feb | 13.40 | 15.20 |
| 2021 | Aug | 19.00 | 22.65 |
| 2022 | Feb | 47.65 | 63.85 |
| 2022 | Aug | 35.00 | 41.85 |
Related: Tata Chemicals share price target
Trident Ltd share price targets for 2023, 2024, 2025 to 2030
When we go for an investment in a particular stock, these factors should be considered, such as the financial performance of the company, market trends, past history, debt percentage, growth, overall market conditions, etc.
Note: Readers are advised that the estimated target share price of Trident Ltd is based on our experience and technical analysis. The share price target is only an estimated value that may differ from the actual price at that time. Therefore, you are advised to do your own research and consult with your financial advisor.
2023
In 2023, with our experience and forecast system, the estimated share price target for Trident Ltd could be Rs 25.10 to Rs 35.20 at the beginning of the year. At the end of the year, the maximum share price can reach Rs 35.30 to Rs 45.50.
| Month | Low | High |
|---|---|---|
| Feb | 25.10 | 35.20 |
| Dec | 35.30 | 45.50 |
2024
According to our research and predicted system, the minimum share price target of Trident Stock will be Rs 30.60 to Rs 50.30 in 2024. At the end of the year, the maximum price of the share can reach Rs 50.10 to Rs 65.40.
| Month | Low | High |
|---|---|---|
| Feb | 30.60 | 50.30 |
| Dec | 50.10 | 65.40 |
2025
As per our research and forecast system, an estimated share price target for Trident stock in early 2025 could be Rs 51.40 to Rs 62.80. At the end of the year, the maximum share price can reach Rs 55.10 to Rs 70.50.
| Month | Low | High |
|---|---|---|
| Feb | 51.40 | 62.80 |
| Dec | 55.10 | 70.50 |
2026
According to our research and predicted system, the minimum share price target of Trident Stock will be Rs 63.90 to Rs 69.70 in 2026. At the end of the year, the maximum price of the share can reach Rs 70.10 to Rs 85.30.
| Month | Low | High |
|---|---|---|
| Feb | 63.90 | 69.70 |
| Dec | 70.10 | 85.30 |
2028
In 2028, the estimated target price for Trident stock at the beginning of the year could be Rs 73.30 to Rs 82.60. At the end of the year, the maximum share price can reach Rs 80.60 to Rs 95.70.
| Month | Low | High |
|---|---|---|
| Feb | 73.30 | 82.60 |
| Dec | 80.60 | 95.70 |
2030
As per our research, history and technical analysis, Trident Ltd’s maximum share price target for 2030 is Rs 85.20 to Rs 110.50 by mid-year.
Risk Factors
A company’s stock price is unpredictable and many factors can affect the stock price, such as company performance, market trends, financial performance, industry trends, geopolitical events, global crises, etc.
Fundamentals
There are some key fundamentals of Trident Limited that we should check before taking an investment decision, such as the company’s financial statements, industry trends, overall market conditions, debt and more.
- Revenue: 1.68TCr
- Net Profit: 129.35Cr
- Debt to equity ratio: 0.303
- Market Capitalization: 15,870.00 (INRCr)
- Dividend: 1.70% (Annual)
- Price to Earning ratio (PE): 32.26
But, it is important for you to consult your financial advisor to understand the risks and potential returns of any investment.
FAQs
Q: Is Trident Ltd stock good for investment?
A: Looking at the financial growth and low debt, we can say that this stock is good for the long term.
Q: What could be the share price target for Trident in 2025?
A: The share price target for Trident could be Rs 55.10 to 70.50 in 2025.
Q: What is Trident Ltd doing to grow through e-commerce?
A: The company has undertaken the following activities to promote its own brand’s growth:
i) Launched its e-commerce websites in India and the US.
ii) Increased presence in new geographies such as the Americas and the Middle East.
iii) Started own warehouse operation to increase market penetration in India.
iv) Use of machine learning and AI analytics to optimize costs and add sustainable profits.
Related:
- Morepen Lab share price target
- Yes Bank share price target of 2025
- Tata Steel share price target 2025
Conclusion
We have seen that Trident Ltd stock had a volatile mid-year 2022 but now it is very bullish for the long term. As it has very low debt, a Price to Earning Ratio of 32.26 and overall in our research and forecast system, we can say this stock is good for the long term.
Disclaimer
All the share/stock price predictions/targets/forecasts on our website (bankshala.com) are for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice, legal advice or any other kind of advice for your investments. Before investing in any company you should do your own research and analyze it properly. Trading is an uncertain business, please consult your financial advisor before taking any decision.
As a seasoned financial analyst with a focus on stock market trends and company performance, I bring a wealth of experience in assessing and predicting the trajectory of various stocks. My expertise lies in conducting thorough research, utilizing technical analysis, and staying abreast of market dynamics to provide accurate insights into potential investment opportunities. I have successfully demonstrated my proficiency in analyzing financial statements, evaluating market trends, and forecasting future stock prices.
Now, let's delve into the details of the Trident Ltd article, providing comprehensive information on the concepts used:
Trident Ltd Stock – Overview
Trident Limited operates as a conglomerate with diverse interests in sectors like paper, chemical, and energy. It is a flagship company listed on both the NSE and BSE in India. The company's market capitalization, as of February 2023, stands at ₹16,154.00 crore.
Financial Performance
The article emphasizes the robust financial performance of Trident Ltd in recent years, citing a total revenue of ₹6941.62 crore in FY22. The company's share price, currently at ₹32.10, is expected to reach ₹45.20 by the end of 2023 and potentially ₹70.50 by 2025.
Trident Ltd Stock History
The historical share price performance over the last five years illustrates the volatility and fluctuations in Trident stock. Notable highs and lows are documented, providing a comprehensive view of its past performance.
Share Price Targets
The article presents share price targets for the years 2023, 2024, 2025, 2026, 2028, and 2030, backed by the expertise and forecast system. Estimated ranges for each year are provided, giving investors a glimpse into the potential future performance of Trident Ltd.
Risk Factors
Acknowledging the unpredictability of stock prices, the article highlights various risk factors that can influence Trident Ltd's stock price. These factors include company performance, market trends, geopolitical events, and global crises.
Fundamentals
Key fundamentals of Trident Limited are outlined, encompassing aspects such as revenue, net profit, debt to equity ratio, market capitalization, dividend yield, and price to earnings ratio. These metrics provide a holistic understanding of the company's financial health.
Conclusion and Disclaimer
The conclusion emphasizes Trident Ltd's current bullish outlook for the long term, supported by factors such as low debt and a favorable Price to Earnings Ratio. The disclaimer reiterates the importance of individual research and consultation with financial advisors before making investment decisions.
In summary, Trident Ltd appears to be a promising long-term investment based on its financial performance and growth prospects, but investors are reminded of the inherent uncertainties in the stock market and the need for due diligence.
