Trident
Trident Performance
Day Range
- Low 36.20
- High 36.90
52 Week Range
- Low 25.05
- High 43.75
- Open Price36.65
- Previous Close36.50
- Volume6406129
Start SIP in Trident
Start SIPTrident Investment Rating
-
Master Rating:
-
Trident has an operating revenue of Rs. 6,505.92 Cr. on a trailing 12-month basis. An annual revenue de-growth of -9% needs improvement, Pre-tax margin of 9% is okay, ROE of 10% is good. The company has a reasonable debt to equity of 19%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 8% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 33 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 88 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,761 | 1,467 | 1,563 | 1,618 | 1,419 | 1,667 | 1,847 |
Operating Expenses Qtr Cr | 1,522 | 1,239 | 1,315 | 1,346 | 1,276 | 1,413 | 1,520 |
Operating Profit Qtr Cr | 240 | 228 | 248 | 273 | 143 | 254 | 328 |
Depreciation Qtr Cr | 88 | 87 | 79 | 78 | 77 | 76 | 81 |
Interest Qtr Cr | 34 | 31 | 22 | 18 | 20 | 18 | 18 |
Tax Qtr Cr | 40 | 30 | 39 | 41 | 11 | 41 | 61 |
Net Profit Qtr Cr | 128 | 90 | 116 | 142 | 40 | 124 | 174 |
Trident Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 6
- Bearish Moving Average
- ___
- 10
- 20 Day
- ₹36.62
- 50 Day
- ₹36.42
- 100 Day
- ₹35.82
- 200 Day
- ₹35.32
- 20 Day
- ₹36.61
- 50 Day
- ₹36.56
- 100 Day
- ₹35.80
- 200 Day
- ₹33.70
Trident Resistance and Support
Resistance | |
---|---|
First Resistance | 36.73 |
Second Resistance | 37.17 |
Third Resistance | 37.43 |
RSI | 47.49 |
MFI | 42.34 |
MACD Single Line | 0.21 |
MACD | 0.16 |
Support | |
---|---|
First Resistance | 36.03 |
Second Resistance | 35.77 |
Third Resistance | 35.33 |
Trident Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 7,251,835 | 376,297,718 | 51.89 |
Week | 6,818,280 | 339,141,247 | 49.74 |
1 Month | 11,165,408 | 392,352,425 | 35.14 |
6 Month | 16,758,295 | 531,573,105 | 31.72 |
Trident Result Highlights
Trident Synopsis
NSE-Apparel-Clothing Mfg
Trident Ltd. is involved in the business activities of Electric power generation, transmission and distribution. Company’s Total Operating Revenue is Rs. 6267.47 Cr. and Equity Capital is Rs. 509.60 Cr. for the Year ended 31/03/2023. Trident Ltd. is a Public Limited Listed company incorporated on 18/04/1990 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L99999PB1990PLC010307 and registration number is 010307.Market Cap | 18,291 |
Sales | 6,409 |
Shares in Float | 137.59 |
No of funds | 106 |
Yield | 0.99 |
Book Value | 4.51 |
U/D Vol ratio | 0.6 |
LTDebt / Equity | 19 |
Alpha | -0.02 |
Beta | 1.47 |
Trident
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 73.19% | 73.19% | 73.19% | 72.94% |
Mutual Funds | 0.05% | 0.05% | 0.04% | 0.04% |
Insurance Companies | ||||
Foreign Portfolio Investors | 2.56% | 2.47% | 2.43% | 2.36% |
Financial Institutions/ Banks | ||||
Individual Investors | 19.72% | 19.8% | 19.8% | 19.59% |
Others | 4.48% | 4.49% | 4.54% | 5.07% |
Trident Management
Name | Designation |
---|---|
Mr. Rajinder Gupta | Chairman Emeritus |
Mr. Deepak Nanda | Managing Director |
Mr. Rajiv Dewan | Ind. Non-Executive Director |
Mr. Anthony De Sa | Ind. Non-Executive Director |
Ms. Usha Sangwan | Ind. Non-Executive Woman Director |
Prof. Rajeev Ahuja | Director |
Mr. Raj Kamal | Director |
Trident Forecast
Price Estimates
Trident Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-14 | Quarterly Results | |
2023-07-27 | Quarterly Results | |
2023-05-24 | Audited Results & 1st Interim Dividend | (Revised) per share(12%)Third Interim Dividend |
2023-01-30 | Quarterly Results | |
2022-11-12 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2023-06-01 | INTERIM | Rs.0.36 per share(36%)Interim Dividend (RD & XD revised) |
2022-08-19 | INTERIM | Rs.0.36 per share (36%) First Interim Dividend |
2021-10-29 | INTERIM | Rs.0.36 per share(36%)Interim Dividend |
Date | Purpose | Remarks |
---|---|---|
2019-12-16 | Split | Rs.0.00 split from Rs. 10/- to Re. 1/-. |
About Trident
Trident FAQs
What is Share Price of Trident ?
Trident share price is ₹36 As on 30 November, 2023 | 18:56
What is the Market Cap of Trident ?
The Market Cap of Trident is ₹18498.3 Cr As on 30 November, 2023 | 18:56
What is the P/E ratio of Trident ?
The P/E ratio of Trident is 40.4 As on 30 November, 2023 | 18:56
What is the PB ratio of Trident ?
The PB ratio of Trident is 4.4 As on 30 November, 2023 | 18:56
What is total revenue from Bed and Bath Linen in H1 ?
Bed and Bath Linen contributed more than 50% of the Total Revenue in H1 FY19 which stands at INR 1264 crores.
What utilization level are we envisaging for Bed & What utilization level are we envisaging for Bed & Bath Linen by FY 20? & Bath Linen by FY 20?
For both Bed and Bath Linen we are targeting between 60%-70% kind of utilization levels.
What is the hedging strategy/policy of the company?
For hedging export receivables, forward covers are taken for a maturity up to 6-12 months. The hedging strategy division wise is as under: • Terry Towel Division: Hedging is done on monthly ro Terry Towel Division lling basis at 40%-60% of sales replenishment. • Yarn/ Paper division: Hedging is done on order to o Yarn/ Paper division rder basis. Whenever any order is confirmed, it is hedged by forward cover.
What does the Trident Ltd company do?
Trident Ltd is a conglomerate of diverse businesses. It manufactures bed linen, terry towels, wheat straw-based copier paper, chemicals like sulphuric acid, and even has its power plant.
Is Trident Ltd a large-cap company?
Trident Ltd is a mid-cap company with a market cap of Rs. 27,135.96 Cr.
Is Trident Ltd an Indian company?
Trident Ltd is an Indian company established in 1990 and headquartered in Ludhiana, Punjab.