In this post, we are going to analyze the Trident Share Price Target 2022 2023 2025 2030 by doing Fundamental and Technical Analyses. First, we will get to know what Trident company is all about.
Note- The Stock price prediction is based on our technical and fundamental analysis and it is based on normal analysis. We do not consider any downfall or any crisis in the market. We do not give any buying or selling recommendations. Kindly trade or invest as per your financial advisor.
About Trident Company
In the early years of the great Indian economic liberalization, when India had hit the economic accelerator and several waves of change were sweeping its states, a young first-generation businessman, Padma Shri Rajinder Gupta, sowed the industry’s first seeds in fertility in the land of Punjab. This was the birth of Trident Group.
The group started with a single unit manufacturing high-quality yarn. However, over time, the group became the largest manufacturer of terry towels and one of the largest integrated manufacturers of home textiles in the world; A unique achievement.
Today, They have traveled far beyond being a home textile manufacturer, successfully diversifying into paper, chemical, energy, and other sectors.
From Punjab to the homes of millions of customers across 100 countries, Trident is poised to become the most trusted brand that sincerely cares for its customers, employees, and all stakeholders, treating them with the “best”.
Trident Share Holding Pattern
Trident Share Price Target 2022 2023 2025 2030
Now we will understand the Trident Share Price Target 2022 2023 2025 2030 through Fundamental and Technical Analyses.
Fundamental Analyses of Trident Share Price Target 2022 2023 2025 2030
At the time of writing on 30/10/2022, check the main fundamental points of Trident Share given below:
- Market Cap: The market cap is Rs. 18,049 Cr.
- Number of shareholders: 18.1L
- PE is: 21.65
- CAGR: 14.63%
- 1 Year Return: –1.53%
- 1 Month Return: –6.24%
- Face Value: Rs. 1
In predicting the Stock Price target, it is important to consider the financial statements as well.
Technical Analysis of Trident Share Price Target 2022 2023 2025 2030
As we all know, Trident is doing good in their business nowadays and if they continue to do the same, then we can expect this stock will reach new heights soon.
chart courtesy Tradingview.com
he high of the Trident was 70.35 in the month of Jan 2022. Now, it is trading near the price of 35.30.
Trident Share Price Target 2022
The analysis for Trident Share Price Target 2022 is given below:
The Trident Share Price Target 2022 is 40. If it crosses, 40 then the next target would be 50.
Trident Share Price Target 2023
To predict the Trident Share Price Target 2023, we do a higher frame analysis that is weekly and monthly. It seems that Trident’s Share Price Target for 2023 is around 60 and 80.
Trident Share Price Target 2025
Trident Share Price Target for 2025 is around 92 and 148.
Trident Share Price Target 2030
Trident Share Price Target for 2030 is around 230.
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Table of Trident Share Price Target 2022 2023 2025 2030
|YEAR||Trident SHARE PRICE TARGET|
|2022 First Target||Rs 40|
|2022 Second Target||Rs 50|
|2023 First Target||Rs 60|
|2023 Second Target||Rs 80|
|2025 First Target||Rs 92|
|2025 Second Target||Rs 148|
|2030 Target||Rs 230|
Is Trident Profitable?
Right now the company is doing its best in its segment.
Is Trident good for the long term?
At this moment, we know that there is an increasing demand for renewable energy sources and one can see good growth in this company in the coming years.
What is the target price of Trident share?
The targets depend on the market conditions and sentiments in the market. But still, we have done some analysis to predict the share price in near future by considering ideal conditions.
What will be the share price of Trident after 5 years?
Trident Share Price Target for 5 years is around 150.