Is Trident Share Good for Long term|Fundamental analysis|

If you also follow Trident Company but are still confused whether to invest in this stock or not, then this blog is going to be very helpful for you in which you will know Is Trident Share Good for Long term|Fundamental analysis|

Fundamentals Of Trident Company

If we look at the fundamentals of the company, the company falls in the category of mid cap companies with a market cap of Rs 22000 crore.

The same company also gives continuous dividends to its investors, although the company has debt, so before investing in this company, do its fundamental analysis once.

Is Trident Share Good for Long term|Fundamental analysis|
Fundamentals
Board Of Directors Of Trident Company

The management staff of Trident Company is a skilled and experienced management staff
Following are the key persons on the Board of Directors of this company: –

  • Mr. Rajiv Dewan – Independent Director
  • Ms.Usha Sangwan- Independent Director
  • Mr.Anthony Desa – Chairman
  • Prof. Rajiv Ahuja – Independent Director
  • Mr. Deepak Nanda- Managing Director

You are Reading Is Trident Share Good for Long term|Fundamental analysis|

What is the target of Trident in 5 years?

Trident Company has given good returns to its investors of 32% in the last 1 year, 43% in the last 3 years and 45% in the last 5 years.

While on January 18, 2023, the share price of the company was trading at ₹ 33, on January 18, 2024, the share price of Trident Company is trading at ₹ 44.

There is very little fluctuation in the share price of Trident Company, there is not much movement in it,

according to the speed with which the share price of Trident Company is going upwards,

Accordingly, it can be assumed that in the next 5 years the share price of Trident Company will reach close to ₹ 300.

There are some weaknesses and strengths within the company which you can understand better with the help of the chart given below.

Is Trident Share Good for Long term|Fundamental analysis|
Pros & Cons of Trident (Source)
Is Trident debt free?

No, Trident Company is not a debt free company but the company has a debt of Rs 1374 crore whose debt to equity ratio is 0.33 percent, although the interest coverage ratio of the company is above 8 which can be considered better.

From this point of view, the company is not going to sink due to debt in the future, so if you are thinking of investing for a long time, then Trident company can prove to be a better option for you.

Is Trident Share Good for Long term|Fundamental analysis|
What is the future prediction of Trident share in 2025?

Trident company is mainly engaged in manufacturing of hydraulic cylinder and textile etc.

and the company has high monopoly in its field. Accordingly, the growth potential of this company in future is quite high.

The share price of the company is trading at Rs 44.

According to the company management, the company has set a target of taking the share price above ₹100 by the year 2025, which seems possible considering its increasing volumes.

I hope you are learning something new through this blog Is Trident Share Good for Long term|Fundamental analysis|

Who are Trident competitors?

Although Trident Company does not have any specific competitors in its field, still there are some companies which are engaged in construction work like Trident Company, whose names are as follows: –

  • Zoom
  • Nextiva
  • Dialpad Ai Voice
  • Open phone
  • Podium
  • Go to connect
  • Aircall
What is the main business of Trident?

Trident company is a leading manufacturer of Yarn Bath Linen Bed Linen Paper Chemicals and Captive Power.

It has state-of-the-art manufacturing facilities in Barnala Punjab and Budni Madhya Pradesh.

Trident Limited (formerly known as Abhishek Industries Limited) was established on 18 April 1990.

Is Trident Share Good for Long term|Fundamental analysis|
1 Year CAGR Return (Source)
What are the products of Trident?

Most of the things of Trident Company are related to textile sector and this company provides good products to its customers, some of its major products are as follows. :-

  • Yarn
  • Home textiles
  • Kitchen line sets
  • Trident Bedsheets
  • Bath Towel
  • Chemicals
Is Trident Share Good for Long term|Fundamental analysis|
Trident Group Brands
Is Trident overvalued or undervalued?

Trident Company is currently an overvalued company.

As per intrinsic value, the share price of the company should be trading around ₹30 at this time,

but the current share price of the company is trading at ₹44, thus the company is currently 40% overvalued.

If you also want to know the answer to this question whether Trident Company is overvalued or undervalued, then the answer is that Trident Company is 40% overvalued.

You are Reading Fundamental analysis of Trident Company which will make your investing journey more profitable.so read this blog Is Trident Share Good for Long term|Fundamental analysis|till End.

What is the future prediction of Trident share in 2030?

Trident Company looks fundamentally strong and growing very slowly.

Although its growth is positive but if you want more returns in short time then it may not prove to be a good investment for you

because it is volatile and the share price of the company is increasing slowly, so it can be said that It is possible that the company’s share price may reach ₹500 by the year 2030.

The management of the same company also seems to have a lot of confidence in their company.

How many shares does Trident have?

The market cap of Trident Company is more than Rs 22000 crore, which places it in the category of mid cap company.

The company has 509.60 crore shares.

Out of which the promoters hold 73% and the public holds 24%.

Is Trident Share Good for Long term|Fundamental analysis|
Top Investors Of Trident Company

If we look at the promoter holdings of Trident Company, then there is a major promoter holding of 73% in the company, while there is 24% public participation in the company,

while the participation of foreign institutional investors in this company is 2.55% and the participation of domestic institutional investors is about 0.06%.

Following are some of the major investors of this company: –

  • Trident Group – 45.74%
  • Madhuraj Foundation – 26.90%
  • Lotus Global Foundation- 0.08%
  • Rajinder Gupta – 0.22%
  • IEPF Fund – 1.22%
Is Trident Share Good for Long term|Fundamental analysis|
Promoter Holding (SOURCE)
Conclusion of Is Trident Share Good for Long term|Fundamental analysis|

We have come to the conclusion that this company can prove to be good for long term investors, however if you are a short term investor then wait for some time to invest in this company.

The market cap of the company is good, the company also pays dividends continuously,

but the company has debt and the company’s profit growth and sales growth have declined.

PE Ratio and PB Ratio of trident company are also more valuable.
Therefore, be sure to analyze it before investing.

If I give you my personal opinion then you should not invest in this company right now, for this you should keep an eye on the stock for some time.

Since the company does not look fundamentally strong, invest wisely and at the right place.

To Watch video about Trident analysis click the link Below👇👇👇

Trident Share Price Next 7 or 70 ?

I hope you liked this interesting blog Is Trident Share Good for Long term|Fundamental analysis|

Who is owner of Trident Group

Rajinder Gupta is the founder of Trident Group.

What is the old name of Trident?

The old name of Trident company was Abhishek Industries Limited.

What type of company is Trident?

Trident Group is one of India’s global amalgamation textile fabric manufacturers.

Is Trident a small cap?

Trident Ltd., incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 22,575.75 Crore) operating in Textiles sector

How old is Trident company?

Trident Ltd. Abhishek Industries Limited was incorporated on april 18 1990 in the state of Punjab.

How many employees does Trident have?

Asia- 1500
India -1492
Thailand 4
Singapore 4

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