Table of Contents
What is the product of Trident?
Trident Limited is a leading manufacturer of Yarn Bath Linen Bed Linen Wheat Straw-based Paper Chemicals and Captive Power. The Company has state-of-the-art manufacturing facilities in Barnala (Punjab) and Budni (Madhya Pradesh). The Company has a strong clientele in 100 countries across the globe.
What is Trident work?
Trident Limited is a leading manufacturer of Yarn Bath Linen Bed Linen Wheat Straw-based Paper Chemicals and Captive Power. The Company has state-of-the-art manufacturing facilities in Barnala (Punjab) and Budni (Madhya Pradesh). Trident Global Corp Limited majorly serves as the Retail Arm of the Company.
What is a Trident?
A trident /ˈtraɪdənt/ is a three-pronged spear. It is used for spear fishing and historically as a polearm. The trident is the weapon of Poseidon, or Neptune, the God of the Sea in classical mythology. In Hinduism, it is the weapon of Shiva, known as trishula (Sanskrit for “triple-spear”).
What do you know about Trident?
Trident has an annual revenue of6800+ croresand a wide range of products in categories of home textiles, stationery, paper, yarn and chemicals.
Should I invest in Trident shares for long-term?
The objective for long-term trident investors is enormous. Trident shares have a target price of 243 rupees if you invest till 2030. That’s a pretty amazing goal. This is just my opinion; please invest based on your expertise or with the assistance of a financial professional.
What is the current dividend yield of Trident Industries Limited?
Dividend Yield: – It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Trident is Rs 0.36 and the yield is 1.60 \%. Trident earlier known as Abhishek Industries Limited, the flagship company of the Trident Group was incorporated in April, 1990.
PE ratio: – Price to Earnings’ ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Trident has a PE ratio of 21.36 which is high and comparatively overvalued .
What does Trident’s revenue growth and margin look like?
Sales growth: – Trident has reported revenue growth of -3.83 \% which is poor in relation to its growth and performance. Operating Margin: – This will tell you about the operational efficiency of the company. The operating margin of Trident for the current financial year is 17.71 \%.