What is The Future Share Price of Trident and Share Price Target, Let's Know With Yuvapatrkaar

By Yuva Patrakar Jul 14, 2023, 11:32 IST

Yuva Patrkaar, New Delhi : Welcome to Yuvapatrkaar blog I hope you are all right. Friends, today I am going to do a complete analysis of Trident Company. By analyzing, we can find out that how much will Trident Share Price Target reach by 2023, 2024, 2025, 2026, 2030?

If you also want to know about it, then definitely read this article till the end because today I will tell you about it in detail. If you are reading this post then it means that you are also interested in share market.

You may also want to earn a lot of money from the share market, but earning money from the share market is not a child's play. The more money you can make here, the more you can lose. First of all you must have proper college about share market

Only then you can earn money from it. If you have the right knowledge then only you will be able to find a good company to invest in. Trident Ltd. Also such a great company. We can bet on this.

Experts believe that Trident is a good company for the future. All I am telling you here is that it is a good company, not a very good company. You can get good returns by investing in it.

Well leave it now we will know in detail about Trident Share Price Target 2023, 2024, 2025, 2026, 2030.

Trident Company Details

Trident Ltd. Mainly Textile sector company. It has a very strong hold in Textile Sector as well as it also pays a lot of attention in Paper Business. The headquarter of the company is located in Ludhiana, Punjab.

Apart from this, the company's business is spread across 75 countries along with 6 continents, which is a very good thing. Trident Company has always been on top in delivering high quality products to its customers.

At present (February 2023) its share price is trading around Rs.32 to 33. It may be that when you are reading this article, the time may be different and its share price may be different. For information, let me tell you that this company has also entered the business of clothes.

But it is mainly known for the business of Textile and Paper. Experts say that in future this stock can create a big bang and can give good returns to its investors. So let us now know about Trident Share Future Price Prediction-

Trident Share Price Target 2023

The company is also foraying into the field of manufacturing sulfuric acid. If you do not know what sulfuric acid is, then let me tell you that it is an oily and sticky liquid, which is also a basic commodity chemical.

And because of this it is used in many places. Trident company manufactures this sulfuric acid in three grades, whose composition is also different, so it is also used in different niche things like battery, agro etc.

But when Corona came, there was a huge decrease in the growth of its sales and business and when Corona went away, its business has seen a boom again. If we talk about Trident Share Price Target 2023, then in 2023 its first target can be Rs 60 and the second target can be Rs 70.

Trident Share Price Target 2024

Talking about the present, this Trident company seems to be performing well now. Experts have also predicted that the company can now grow significantly. Once the CEO of Trident Company was interviewed

Then he told that "he has thought a lot about the company and its future, many more brands will be seen in the future." After this news, the attention of investors has come towards it.

This thing was spoken with a lot of confidence by the CEO of the company, from which it is clear that the company has thought a lot about its future. The company is investing more and more on its brand, due to which its shareholders i.e. investors are expected to get very good returns.

If we talk about Trident Share Price Target 2024, then in 2024 its first target can be Rs 80 and its second target is likely to be Rs 95. It could be even higher but it is impossible to make a confirmed price prediction.

Trident Share Price Target 2025

You have already come to know that this company does a lot of business. But it does another business about which I have not told you above. Because I didn't remember at that time, but never mind I will tell you about it now.

The company is engaged in the business of Yarn. The company generates about 30% of its revenue from the Yarn business. Talking about Yarn, these are the threads that are used to make clothes. In addition, this company also manufactures Breth and Bed.

Due to this, the company generates a good revenue of about 51% and the remaining 19% revenue comes from its ongoing other business. The company was listed on the stock market on 6 June 2001. At that time its share price was less than ₹ 1.

Due to doing business in different countries, the company is expanding its business very fast and its growth can also be seen very fast. However, there are ups and downs in the business, the effect of which can also be seen on its share price.

If I talk about Trident Share Price Target 2025, then in 2025 also it can be expected properly. Its first target of 2025 is likely to be Rs 115 to Rs 130.

Trident Share Price Target 2026

You will find many such companies around the world who use new technologies keeping their future in mind. So that they can survive well in the market and expand their business.

Trident company is also following the same path and they have also expressed their desire to launch new brands in the coming times. If everything goes according to plan, then by the year 2025 or 2026, the company can successfully launch its new brand.

There are already many competitors in the market, from which the company is going to need new brands to move ahead, without this it cannot grow. If the company launches its new brand, it will bring huge profits to the company.

You might not know this but Trident Company is one of the oldest companies in India that manufactures clothes. Talking about Trident Share Price Target 2026, its first target of 2026 is likely to be Rs 155 and the second target is Rs 175.

Trident Share Price Target 2030

Now the turn comes 2030, this year is the best for those investors who are thinking of making long term investments. There are high expectations from the Trident company even in the long term. It can also give good returns in the long run.

If you are thinking of investing in a company for the long term, then Trident Company can be a better option for you. You can invest in it, its share price is currently very low, which will increase in future and will give you profits.

If we look at the cash flow of the company, it is growing at a very fast pace every year. If Trident continues to update its business management properly, it could become an affordable return-generating stock in the future.

If we talk about Trident Share Price Target 2030, then in 2030 its first target is expected to be Rs 325 and the second target is Rs 405.

Trident Share Price Target 2023, 2024, 2025, 2026, 2030 List in Table

Year   Target 1   Target 2
2023   ₹60 ₹70
2024   ₹80    ₹95
2025   ₹115 ₹130
2026   ₹155 ₹175
2030   ₹325 ₹405

Trident's future

After achieving success in industries like Paper, Yarn, Textile, Trident Company has taken its step forward in the field of E-Commerce as well. At present, this company is delivering its products to the customers with the help of different Shopping Sites.

And earning. For this, the company has tied up with some of the famous E-Commerce Shopping Companies in India like Amazon, Flipkart, Walmart, Snapdeal etc.

According to this agreement, these big e-commerce companies will deliver the products of Trident Company to the people through their website and will keep a small commission in return. In this way, along with Trident company, e-commerce companies will also be benefited.

Looking at this, we can say that the future of the company will be much better. Because its business model looks very strong. All the products of Trident company are cheap as well as of better quality, due to which customers are constantly connected with this company.

Risk in Trident Share

If we look at the risk side on Trident, then before 2022, the profit of this company has not seen that much growth. There is a sudden jump in the company's Share, Business and Revenue from 2022 onwards.

If this company wants to perform even better in the market, then it has to analyze its competing companies well and also focus on increasing its Sales Profit and Revenue.

By the way, there is no significant risk in the company. But yes friends, the share price of the company has not shown that much or sharp jump yet, if it remains like this in the future, it will not harm us, but it will not give that much profit either.

DISCLAIMER: Friends, note that we are not a financial advisor registered by SEBI, so before investing in Trident, think once and invest according to your own risk.

Frequently Asked Question

1. What business does Trident Company do?

Ans. Trident company mainly does the business of making textile, yarn, paper and clothes.

2. Does Trident Company give Dividend?

Ans. Yes! This company gives absolutely dividend.

Conclusion

So friends, in this post you have come to know about Trident Share Price Target 2023, 2024, 2025, 2026, 2030. I hope you liked this post. I have written this post after doing a lot of research. It has also taken a lot of hard work and a lot of time.

I have given you complete information about the company, now you can invest in it if you want. But invest in it at your own risk. Also, keep in mind that invest in it only as much as it does not make much difference to you even if there is a loss.