Trident Share Price Target 2030

Trident is among the most valuable stocks in the Indian share market. If you want to invest in this stock, you must do a detailed fundamental analysis. This article shows the Trident share price target for 2025 and 2030. Also, we see its fundamentals.

Trident Share Price

As of July 18, 2023, the current share price of Trident Group is 33.05 INR.

In India, Trident enlisted on the National Stock Exchange and the Bombay Stock Exchange. It is a publicly traded organization. Through brokerage accounts, investors have the chance to obtain company shares. The company’s stocks may experience volatility because of its financial performance, industry dynamics, and market stability.

On January 03, 2022, the Trident share price hit its height of Rs. 60.70, and then its market capitalization was nearly Rs. 3000 crores.

Trident Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050

Before predicting the future share Price of the Trident group, we must do a fundamental and technical analysis of the company.

Overview of Trident

Trident is the most significant home textile manufacturing company. It has three units which are all spread across all over India. There are two processing units, three weaving units, and five spinning units. Trident Group has two divisions: the textile and paper divisions. The company’s innovation and technology create the textile division. It produces cotton terry towels, yarns, home furnishings, and bed linens. In addition, various art technologies are used in this weaving, spinning, and processing to complete its textile process.

The paper division produces good-quality printing papers like speciality, tissues, and writing papers. And it has 550000 tons of paper each year, provided to various sections such as corporate, packaging, and education.

Also Read: IRFC Share Price Target 2025

Trident Group also exists in the energy sector. With a capacity of 200 MW, it is investing in wind and renewable energy projects. It intends to develop a portfolio of renewable energy projects so that it is starting to invest in biomass energy and solar energy.

The Business Pattern of Trident Group

Mr Rajendra Gupta is the owner and shareholder of the Trident Group, which is listed on the Bombay Stock Exchanges and National Stock Exchanges. Retail investors, Foreign portfolio investors, and Institutional investors hold the shares of the Trident Group.

Also Read: Tata Power Share Price Target 2025 and 2030

Fundamental Analysis of Trident

Before predicting the future share price of Trident Group, we must analyze the fundamentals of Trident Group. In 2022, the net sale of Trident Group was 6,919.18 Cr which is higher than 2018’s net sales. In 2018, the net sale of Trident Group was 4,565.96 Cr.

In 2022, the total expenditure of Trident Group was 5,457.04 Cr which is higher than 2018’s total expenditure. In 2018, the total expenditure of Trident Group was 3,748 Cr.

In 2022, the operating profit was 1,462.14 Cr which is higher than the 2018’s Operating profit. In 2018, the operating profit was 817.84 Cr.

In 2022, the other income of Trident Group was 47.87 Cr which is lower than 2018’s other income. In 2018, the additional income of Trident Group was 96.19 Cr.

In 2022, the interest of Trident Group was 85.72 Cr which is lower than 2018’s interest. In 2018, the interest of Trident Group was 118.21 Cr.

In 2022, the depreciation of Trident Group was 332.61 Cr which is lower than 2018’s depreciation. In 2018, the depreciation of Trident Group was 404.03 Cr.

In 2022, the profit before tax of Trident Group was 1091.68 Cr which is lower than 2018’s profit before tax. In 2018, the profit before tax of Trident Group was 391.79 Cr.

In 2022, the tax of Trident Group was 276.73 Cr which is higher than 2018’s tax. In 2018, the tax of Trident Group was 125.91 Cr.

In 2022, the net profit of Trident Group was 814.95 Cr which is lower than 2018’s net profit. In 2018, the net profit of Trident Group was 265.88 Cr.

In 2022, the earnings per share of Trident Group was Rs. 1.6, which is higher than 2018’s earnings per share. In 2018, the earnings per share of Trident Group was Rs. 0.52.

Trident Share Price Target 2023

Trident Group is renowned for its unwavering dedication to sustainability and has garnered acclaim as one of India’s foremost socially conscientious enterprises. The organization has undertaken many endeavours to preserve energy and water resources, curtail waste generation, and foster sustainable practices throughout its operational framework.

During the Financial Year 2022, the Trident Group Company accomplished a remarkable milestone by attaining the highest annual revenue of Rs. 69,415 million. The company’s profitability, measured by pre-tax earnings, witnessed an extraordinary surge of 145% compared to the preceding FY 2021.

Trident Share Price Target 2024

Trident Limited, India’s largest manufacturer of straw-based paper, boasts an impressive production capacity of 175,000 metric tons, accounting for approximately 12% of the country’s total straw-based paper output. The company has cultivated a strong reputation for delivering top-notch products within the textile sector and has established a notable global presence.
With a steadfast commitment to innovation and technology, Trident Limited is poised to maintain a competitive edge in the industry. However, it is essential to recognize that the textile industry is marked by intense competition and cyclical patterns, necessitating astute navigation of these challenges to sustain future growth.

Trident Share Price Target 2025

In the paper production industry, this particular company is one of India’s most prominent integrated manufacturers. However, the paper industry confronts various obstacles, including the escalating expenses of raw materials and the ever-growing rivalry posed by digital substitutes. To secure its position in the market, the company must explore avenues to curtail costs and enhance operational efficiency.

Trident Share Price Target 2026

Within the energy industry, this corporation gets a strong position in the field of renewable energy, positioning itself favourably amid mounting apprehensions surrounding climate change. The outlook for this sector appears highly promising. To leverage this burgeoning opportunity, the company must persist in allocating resources toward augmenting and diversifying its portfolio of sustainable energy solutions.

Trident Share Price Target 2027

This organization has an unwavering commitment to excellence and inventive prowess. Nonetheless, the company’s sustained triumph necessitates an unyielding responsiveness to evolving market dynamics and an astute pursuit of strategies to uphold its competitive edge, thereby securing enduring prosperity.

Trident Share Price Target 2030

Trident has poised to embark on a journey that promises long-term prosperity. In the future, remarkably unburdened by debt. This company exudes financial fortitude through this dividend payout ratio of 51.08%. Trading at an impressive 2.66 times its book value, it captivates traders, enticing them to embrace its steadfastness for an extended duration. Diving into a comprehensive examination of both its fundamental and technical aspects, we unequivocally arrive at the resolute decision that this stock merits a high level in the enduring portfolios of wise investors.
In the 2030 share price target of 300 for Trident, investors find solace in the belief that their investments are secure in the hands of a steadfast and flourishing enterprise.

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