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Trident NSEI:TRIDENT Stock Report

Last Price

₹39.95

Market Cap

₹199.6b

7D

2.4%

1Y

30.6%

Updated

23 Apr, 2024

Data

Company Financials +

TRIDENT Stock Overview

Trident Limited engages in the manufacture, trade in, and sale of textiles, papers, and chemicals in the India, United States, and internationally.

TRIDENT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Trident Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Trident
Historical stock prices
Current Share Price₹39.95
52 Week High₹52.90
52 Week Low₹30.30
Beta0.44
1 Month Change3.36%
3 Month Change-12.87%
1 Year Change30.56%
3 Year Change183.33%
5 Year Change509.46%
Change since IPO7,890.00%

Recent News & Updates

There's Reason For Concern Over Trident Limited's (NSE:TRIDENT) Price

Apr 22
There's Reason For Concern Over Trident Limited's (NSE:TRIDENT) Price

Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly

Mar 26
Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly

Recent updates

There's Reason For Concern Over Trident Limited's (NSE:TRIDENT) Price

Apr 22
There's Reason For Concern Over Trident Limited's (NSE:TRIDENT) Price

Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly

Mar 26
Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly

Trident Limited's (NSE:TRIDENT) Price Is Out Of Tune With Earnings

Jan 03
Trident Limited's (NSE:TRIDENT) Price Is Out Of Tune With Earnings

Here's What To Make Of Trident's (NSE:TRIDENT) Decelerating Rates Of Return

Dec 12
Here's What To Make Of Trident's (NSE:TRIDENT) Decelerating Rates Of Return

Trident (NSE:TRIDENT) Seems To Use Debt Quite Sensibly

Sep 02
Trident (NSE:TRIDENT) Seems To Use Debt Quite Sensibly

Trident (NSE:TRIDENT) Shareholders Will Want The ROCE Trajectory To Continue

Jul 14
Trident (NSE:TRIDENT) Shareholders Will Want The ROCE Trajectory To Continue

Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly

May 26
Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly

There's Been No Shortage Of Growth Recently For Trident's (NSE:TRIDENT) Returns On Capital

Mar 16
There's Been No Shortage Of Growth Recently For Trident's (NSE:TRIDENT) Returns On Capital

We Ran A Stock Scan For Earnings Growth And Trident (NSE:TRIDENT) Passed With Ease

Jan 21
We Ran A Stock Scan For Earnings Growth And Trident (NSE:TRIDENT) Passed With Ease

Trident (NSE:TRIDENT) Is Investing Its Capital With Increasing Efficiency

Nov 29
Trident (NSE:TRIDENT) Is Investing Its Capital With Increasing Efficiency

Here's Why We Think Trident (NSE:TRIDENT) Is Well Worth Watching

Jul 14
Here's Why We Think Trident (NSE:TRIDENT) Is Well Worth Watching

Does Trident (NSE:TRIDENT) Have A Healthy Balance Sheet?

Jun 29
Does Trident (NSE:TRIDENT) Have A Healthy Balance Sheet?

Are Trident Limited (NSE:TRIDENT) Investors Paying Above The Intrinsic Value?

Jun 14
Are Trident Limited (NSE:TRIDENT) Investors Paying Above The Intrinsic Value?

The Trend Of High Returns At Trident (NSE:TRIDENT) Has Us Very Interested

Apr 29
The Trend Of High Returns At Trident (NSE:TRIDENT) Has Us Very Interested

I Ran A Stock Scan For Earnings Growth And Trident (NSE:TRIDENT) Passed With Ease

Mar 17
I Ran A Stock Scan For Earnings Growth And Trident (NSE:TRIDENT) Passed With Ease

These 4 Measures Indicate That Trident (NSE:TRIDENT) Is Using Debt Safely

Feb 09
These 4 Measures Indicate That Trident (NSE:TRIDENT) Is Using Debt Safely

One Analyst's Earnings Estimates For Trident Limited (NSE:TRIDENT) Are Surging Higher

Jan 21
One Analyst's Earnings Estimates For Trident Limited (NSE:TRIDENT) Are Surging Higher

We Like Trident's (NSE:TRIDENT) Returns And Here's How They're Trending

Jan 19
We Like Trident's (NSE:TRIDENT) Returns And Here's How They're Trending

Here's Why I Think Trident (NSE:TRIDENT) Might Deserve Your Attention Today

Dec 06
Here's Why I Think Trident (NSE:TRIDENT) Might Deserve Your Attention Today

We Like These Underlying Return On Capital Trends At Trident (NSE:TRIDENT)

Oct 15
We Like These Underlying Return On Capital Trends At Trident (NSE:TRIDENT)

Should You Investigate Trident Limited (NSE:TRIDENT) At ₹23.75?

Sep 19
Should You Investigate Trident Limited (NSE:TRIDENT) At ₹23.75?

We Think Trident (NSE:TRIDENT) Can Manage Its Debt With Ease

Sep 02
We Think Trident (NSE:TRIDENT) Can Manage Its Debt With Ease

Does Trident (NSE:TRIDENT) Deserve A Spot On Your Watchlist?

Aug 15
Does Trident (NSE:TRIDENT) Deserve A Spot On Your Watchlist?

At ₹16.00, Is Trident Limited (NSE:TRIDENT) Worth Looking At Closely?

Jun 07
At ₹16.00, Is Trident Limited (NSE:TRIDENT) Worth Looking At Closely?

Earnings Miss: Trident Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts

May 19
Earnings Miss: Trident Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts

Returns On Capital At Trident (NSE:TRIDENT) Have Hit The Brakes

May 14
Returns On Capital At Trident (NSE:TRIDENT) Have Hit The Brakes

Estimating The Fair Value Of Trident Limited (NSE:TRIDENT)

Mar 08
Estimating The Fair Value Of Trident Limited (NSE:TRIDENT)

Trident (NSE:TRIDENT) Has A Pretty Healthy Balance Sheet

Feb 23
Trident (NSE:TRIDENT) Has A Pretty Healthy Balance Sheet

Rainbows and Unicorns: The Trident Limited (NSE:TRIDENT) Analyst Just Became A Lot More Optimistic

Jan 21
Rainbows and Unicorns: The Trident Limited (NSE:TRIDENT) Analyst Just Became A Lot More Optimistic

When Should You Buy Trident Limited (NSE:TRIDENT)?

Jan 19
When Should You Buy Trident Limited (NSE:TRIDENT)?

Should You Be Worried About Trident's (NSE:TRIDENT) Returns On Capital?

Jan 04
Should You Be Worried About Trident's (NSE:TRIDENT) Returns On Capital?

Shareholder Returns

TRIDENTIN LuxuryIN Market
7D2.4%-1.6%-1.6%
1Y30.6%29.5%45.0%

Return vs Industry: TRIDENT exceeded the Indian Luxury industry which returned 29.5% over the past year.

Return vs Market: TRIDENT underperformed the Indian Market which returned 45% over the past year.

Price Volatility

Is TRIDENT's price volatile compared to industry and market?
TRIDENT volatility
TRIDENT Average Weekly Movement6.1%
Luxury Industry Average Movement6.9%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: TRIDENT has not had significant price volatility in the past 3 months.

Volatility Over Time: TRIDENT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199013,750Samir Joshipurawww.tridentindia.com

Trident Limited engages in the manufacture, trade in, and sale of textiles, papers, and chemicals in the India, United States, and internationally. The company operated through four segments: Yarn, Towel, Bedsheets, and Paper and Chemicals. It provides cotton combed, special open-end, organic cotton, core spun, blended, eli-twist, slub, compact, air rich, certified cotton, mélange, packed dye, gassed mercerized, zero twist, wrapper, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarns; and home textiles, including bath and bed linen products.

Trident Limited Fundamentals Summary

How do Trident's earnings and revenue compare to its market cap?
TRIDENT fundamental statistics
Market cap₹199.65b
Earnings (TTM)₹4.23b
Revenue (TTM)₹67.00b

47.2x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRIDENT income statement (TTM)
Revenue₹67.00b
Cost of Revenue₹34.06b
Gross Profit₹32.94b
Other Expenses₹28.71b
Earnings₹4.23b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.85
Gross Margin49.17%
Net Profit Margin6.31%
Debt/Equity Ratio40.1%

How did TRIDENT perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

43%

Payout Ratio
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