Share of Trident Limited is currently trading at around Rs.26/- Existing as well as prospective investors are asking for the target share price of the company for 2023, 2024 and 2025. In this article, we will discuss about the business prospects and financial performance of the company and based on our discussion and analysis will tell you the Trident Share Price Target 2025,2024 & 2023.
The following questions are most frequently asked by the people with regards to the Trident Limited. We will answer all the questions commonly asked by the existing as well as prospective investors, in this article.
- Is Trident a good buy for long-term?
- What is the future of share of Trident ?
- Is Trident the next multibagger?
- How is Trident for long term?
- Is Trident good for future?
- Is it good to buy Trident shares now?
- What will be the share price of Trident in 2023?
- What is Trident Share Price Target 2025 ?
Trident Limited is a leading Indian textile and paper manufacturer that has been in business for over two decades. The company has established itself as a reliable and trusted brand in the industry, thanks to its commitment to quality and innovation. Here is an overview of the present business and financial fundamentals of Trident Limited, as well as its future business prospects.
Present Business and Financial Fundamentals:
- Revenue: Trident Limited reported a revenue of INR 6,718 crore (approximately $927 million) in the financial year 2020-21, which was a 2.2% increase from the previous year. The company’s revenue growth has been consistent over the past few years.
- Profitability: The company’s profitability has been impacted by the COVID-19 pandemic, with its net profit declining by 22% in the financial year 2020-21. However, the company has a strong track record of profitability, with an average return on equity (ROE) of 16.2% over the past five years.
- Diversification: Trident Limited has a diversified business portfolio that includes textile manufacturing, yarn spinning, paper manufacturing, and home textiles. The company’s diversified portfolio has helped it weather the impact of the pandemic, with some segments performing better than others.
- Expansion: The company has been expanding its operations over the past few years, with new manufacturing facilities in India and overseas. This expansion has helped the company increase its production capacity and reach new markets.
Future Business Prospects:
- Growth opportunities: The Indian textile industry is expected to grow at a CAGR of 10% over the next five years, driven by increasing demand from both domestic and international markets. This presents a significant growth opportunity for Trident Limited, which is well-positioned to capitalize on this trend.
- Innovation: The company has a strong focus on innovation, with a dedicated research and development team that is constantly working on new product development and process improvement. This focus on innovation will help the company stay ahead of the curve and remain competitive in the market.
- Sustainability: The company has a strong commitment to sustainability, with a focus on reducing its carbon footprint and promoting eco-friendly practices. This is becoming increasingly important to consumers and investors alike, and Trident Limited’s sustainability initiatives will help it attract and retain customers and investors.
- E-commerce: The pandemic has accelerated the shift towards e-commerce, and Trident Limited has been quick to adapt to this trend. The company has launched its own e-commerce platform, which has helped it reach new customers and increase sales. Going forward, e-commerce is expected to play an increasingly important role in the company’s growth strategy.
In conclusion, Trident Limited is a well-established player in the Indian textile and paper industry, with a strong track record of profitability and a diversified business portfolio. The company is well-positioned to capitalize on the growth opportunities in the industry, thanks to its focus on innovation, sustainability, and e-commerce.
Trident Share Price Target 2023
Based on the above discussion and analysis, the share price of Trident may touch the level of around Rs. 40-50 in 2023.
Trident Share Price Target 2024
Based on the above discussion and analysis, the share price of Trident is likely to touch the level of around Rs.50-70 in 2024.
Trident Share Price Target 2025
Based on the above discussion and analysis, the share price of Trident is likely to remain in the range of Rs.70-100 in 2025.
Disclaimer : Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. Moneyinsight does not offer investment advice and does not encourage any action based on its content.
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