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Trident Ltd.
Share Price Target & Analysis

NSE:TRIDENT

31.35

VWAP

31.26

Open

31.26

Close

31.57

High

31.07

Low

52.9

52 Week High

31.44 ⇧
0.18 (0.58%)

TRIDENT

(TEXTILES)
1.7% Momentum

Watch Carefully

31.07

52 Week Low

0.64

EPS

32.08

PE

3.72

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: TRIDENT Share Price Financial Analysis & Valuation

Trident Ltd. (TRIDENT) is broadly categorized in TEXTILES segment industry which deals in Textiles - Spinning - Cotton Blended vertical. It is one of Mid Cap company with Market Capitalization of Rs 30488.5 (in Cr). Total number of free float shares are 49.8 (in Lacs). Trident Ltd. is listed on NSE with Exchange ID - INE064C01022 and trading code is NSE:TRIDENT with short name Trident.

In the past 1 year, Trident Ltd. has declared an equity dividend of Rs 0.72 per share. At the current share price of TRIDENT at Rs 31.44, this results in a dividend yield of 2.29 %.

As per the Fundamental Analysis of NSE:TRIDENT, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TRIDENT underlying value and future prospects. All of this data is available in TRIDENT financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:TRIDENT, it is clearly understood that TRIDENT is Economical performer in terms of earnings and profit margins with an EPS of 0.64. NSE:TRIDENT book value per share as of today is 8.46. The current price to book ratio for TRIDENT as of Nov 23, 2024 is 3.72.

Valuation of the Stock: The current valuation of TRIDENT stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of TRIDENT whether to BUY this stock at current valuation. The delivery percentage of TRIDENT is 44.3% is very crucial parameter which shows that 44.3% investors are anticipating that the price of TRIDENT share should go up with VWAP at 31.35.

Now, the main question is whether to BUY or SELL, NSE:TRIDENT at current valuation.
As per latest Analysis No. #2908:-

⇑ STRONG BUY TRIDENT if All Greens

⇗ BUY TRIDENT (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD TRIDENT (With Stop Loss) if only 1 Green

⇘ SELL TRIDENT if NO Green Indicator

NSE: TRIDENT Share Price Today (Nov 23, 2024)

(Trident Ltd. Daily Analysis on the basis of TRIDENT Intraday Graph & Trend)

Trident Ltd. share price moved Up by 0.58% from its previous close of Rs 31.26. TRIDENT stock last traded price is 31.44. TRIDENT share price trend is Up with a total of 4328010 stocks traded till now. It has touched an intraday high of Rs 31.57 and an intraday low of Rs 31.07. The TRIDENT trading at 31.44, Up by Rs. 0.18, or 0.58 percent which suggests that most of the Traders are anticipating that the price of TRIDENT share should go Up.

NSE: TRIDENT Share Price Tomorrow Prediction

(Trident Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TRIDENT)

Trident Ltd. share price moved Up by 0.58%. TRIDENT share price short term trend is Up. It suggests that TRIDENT Share Price for Tomorrow remains the same with VWAP at 31.35 will be treated as stop loss for intraday traders. Trident Ltd. Long term investors can follow the TRIDENT long term trend as mentiond in future forecast table.

NSE Code

NSE: TRIDENT

TRIDENT Share Price Today

 31.44

TRIDENT Share Price Target Prediction for 2024 ^

 32.6 - 44.6

TRIDENT Share Price Target Prediction for 2025*^

 44.6 - 46.4

TRIDENT Share Price Target Prediction for 2026*^

 46.4 - 48.7

TRIDENT Share Price Target Prediction for 2027*^

 51

TRIDENT Share Price Target Prediction for 2028*^

 52

TRIDENT Share Price Target Prediction for 2030*^

 56
TRIDENT Current Book Value 2023
8.4

*Trident Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^TRIDENT share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

TRIDENT Technical Analysis

Candlestick Pattern: @31.78

TRIDENT Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 32.48 SELL 32.42 SELL
MA_12 33.5 SELL 33.16 SELL
MA_20 33.43 SELL 33.53 SELL
MA_32 34.28 SELL 34.15 SELL
MA_50 34.96 SELL 34.71 SELL
MA_100 36.14 SELL 35.7 SELL
MA_200 38.26 SELL 36.85 SELL

TRIDENT Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 33.43 Downtrend
MACD -0.14 SELL
ADX 24.54 NO or Weak Trend
DMI (+/-) 14.73 / 35.09 Downtrend

TRIDENT Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 33.83 Neutral
STOCHASTIC_K (Fast) 4.55 Oversold
STOCHASTIC_D (Slow) 2.85 Oversold
CCI -130.13 SELL
PSAR 35.26 SELL
TRUE RANGE 0.71 Neutral
ATR 0.93 Neutral
WILLIAMS R -95.35 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 6.42 Oversold
STOCHASTIC RSI D 2.14 Oversold
MOMENTUM -4.24 SELL

TRIDENT Last 1 Year Trend

Duration Value
1 Year -13.29%
3 Months -14.32%
1 Month -11.77%
1 Week -6.61%

TRIDENT Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 17%
SELL 83%

Most popular Questions & Answers about TRIDENT


Trident Ltd. stock last traded price is 31.44. TRIDENT share price moved Up by 0.58% from its previous close of Rs 31.26.

Trident Ltd. share price trend is Up with a total of 4328010 stocks traded till now. It has touched an intraday high of Rs 53.429 and an intraday low of Rs 31.07. The TRIDENT trading at 31.44, Up by Rs. 0.18, or 0.58 percent which suggests that most of the Traders are anticipating that the price of TRIDENT share should go Up and the Stop Loss will be around 31.35.

The market cap of Trident Ltd. is ₹30488.5 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Trident Ltd. as of Nov 22, 2024 is 32.08.

The current price to book ratio for Trident Ltd. as of Nov 22, 2024 is 3.72.

The highest price of Trident Ltd. stock is ₹52.9 in the last 52-week.

The lowest price of Trident Ltd. stock is ₹31.07 in the last 52-week.

Trident Ltd. share trading at ₹31.44, Up by Rs. 0.18, or 0.58 percent which suggests that most of the traders are anticipating that the price of TRIDENT share should go Up.

In 2023, Stock price target for Trident Ltd. (TRIDENT) are ₹32.6 on downside and ₹44.6 on upside. Trident Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Trident Ltd. (TRIDENT) are ₹44.6 on downside and ₹46.4 on upside. Trident Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Trident Ltd. (TRIDENT) are ₹46.4 on downside and ₹48.7 on upside. Trident Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Trident Ltd. (TRIDENT) will be around ₹52 Trident Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of TRIDENT.

The price of Trident Ltd. (TRIDENT) shares moved by 0.58%. The short-term trend for TRIDENT share price is Up. It implies that the share price of TRIDENT will stay the same tomorrow and that intraday traders should treat VWAP at 31.35 as a stop loss. Investors with a long-term outlook can track TRIDENT long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of TRIDENT stock is 7.7. Compared to the current market price of 31.44 INR, the TRIDENT stock is Overvalued by 75.5%.

As per the fundamental analysis of Trident Ltd. (TRIDENT), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.64. Trident Ltd. book value per share as of today is 8.46. The current price to book ratio for TRIDENT as of Nov 23, 2024 is 3.72.


NSE:TRIDENT News & Other Useful Information about TRIDENT Share Price


Peer Comparison of NSE: TRIDENT

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - Spinning - Cotton Blended

Company Price EPS BV
TRIDENT 31.44 0.64 8.46
VTL 439.45 27.47 304.49
ICIL 325.20 15.7 103.38
NITINSPIN 376.85 27.61 203.9
AMBIKCO 1430.85 113.03 1500.25
VISHAL 22.05 1.49 19.75
NAHARPOLY 257.73 2.33 197.21
DCMNVL 90.22 0 4.17
MARALOVER 71.90 0 31.69
GINNIFILA 27.44 0 22.72
Updated at: 22 Nov 2024 15:40

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