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Trident Share Price Target for 2024, 2025, 2030, and 2040

Trident Share Price Target for 2024, 2025, 2030, and 2040

In this post, we shall analyze the Trident Share Price Target for the upcoming years. Trident Limited is a textile company based in Ludhiana, Punjab, India. The growth of the company has been very good for the last few years. As a result, the majority of investors are putting their money into this stock. In this post, we will learn how much this stock has the potential to go up and how much return it can give to its investors in the future.

About Trident Limited

Trident Limited is the flagship Company of Trident Group, a USD 3+ billion Indian business conglomerate and a global player which is headquartered in Ludhiana, Punjab, India. It is a textile manufacturing company incorporated in 1990. The company produces a wide range of products, including yarns, bed and bath linens, paper, chemicals, and captive electricity. It is the largest manufacturer of terry towels in the world.

The company has state-of-the-art manufacturing facilities in Barnala (Punjab, India) and Budni (Madhya Pradesh, India) and a robust clientele spread across more than 150 nations.

The company had two subsidiaries:

  1. Trident Global Corp. Limited, its wholly-owned Indian subsidiary, and
  2. Trident Europe Limited, its wholly-owned overseas subsidiary.
Company NameTrident Limited
IndustryTextile
Founded1990
CountryIndia
Official Websitewww.tridentindia.com.

Key Metrics

Market Cap in Crores (₹)18,906
Sectoral Market Cap Rank2
PE Ratio (x)46.71
Price to Book Ratio (x)4.74
EPS – TTM (₹)0.79
Dividend Yield (%)0.97
Stock – 52 Week High & Low (₹)43.75 / 25.05

Highlights of the Trident Limited share price forecast are shown in the table below.

YearMinimum PriceMaximum Price
2023₹ 41
2024₹ 35₹ 50
2025₹ 40₹ 65
2026₹ 50₹ 80
2027₹ 60₹ 95
2028₹ 80₹ 120
2029₹ 90₹ 140
2030₹ 120₹ 160
2040₹ 600₹ 650

Disclaimer: This article is not advice to buy stocks. The Trident stock price forecast is based on the independent evaluations as of this moment, but the circumstances can change over time and the actual price may not be the same as the forecast. Please be aware that stocks are a volatile asset and consider the risks when making investment decisions.

Trident Share Price Target 2023

The year 2023 is not looking very good for those interested in investing in Trident Limited stock. According to our forecast, the stock will see positive growth, but its margin is not going to be high. If you are an active investor, then 2023 could be a suitable year for you to invest. According to our forecast, this stock can go up to ₹ 41.

YearMinimum PriceMaximum Price
2023₹ 41

Trident Share Price Target 2024

The Trident Limited has established its foothold in domestic and international markets through the setting up of multi-brand outlets and the “shop-in-shop” concept. The company has also strengthened its distribution system. And various alliances within the company have helped in reaching more and more customers.

According to our forecast methodology, The minimum price of the stock can be ₹ 35, and the maximum price can be ₹ 50. However, one must be careful and alert enough to constantly keep an eye on the growing market trends. If you analyze enough stocks, you can earn good money.

YearMinimum PriceMaximum Price
2024₹ 35₹ 50

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Trident Share Price Target 2025

Trident Ltd. has a presence in more than 150 countries. The business created “Vision 2025,” a plan for organizing group efforts to strengthen the company’s positioning across all business verticals, in order to maintain its growth rate. Additionally, the business wants to create long-term, sustainable value for its stockholders. Its goal is to reach 25,000 crore by 2025 with a 12% increase in the bottom line. It also aims to establish Trident as a national brand and digitalize it by completing the smart manufacturing or “Industry 4.0” journey.

YearMinimum PriceMaximum Price
2025₹ 40₹ 65

Trident Share Price Target 2026

Trident Limited has also diversified its business into many areas, such as wheat straw-based paper, chemicals, and captive electricity. Because these products enable the company to reach a large population, the company has grown and its performance is expected to improve in the future. 

YearMinimum PriceMaximum Price
2026₹ 50₹ 80

Trident Share Price Target 2027

The company’s management is constantly making efforts to increase its reach among new customers. For this reason, with omni-channel retail capabilities, the company has established a presence on e-commerce platforms. Trident is currently focusing on expansion through digital platforms to tap new opportunities in the market.

YearMinimum PriceMaximum Price
2027₹ 60₹ 95

Trident Share Price Target 2028

The global pulp and paper market is estimated to grow from $351.51 billion in 2021 to $370.12 billion in 2028 at a CAGR of 0.74% for the forecast period, 2021–2028. Trident has established itself as a leading provider of high-quality, multi-color, high-speed printing and publishing paper and high-quality branded copier paper.

The company has established itself as one of the foremost paper manufacturing companies in both the domestic and international markets. It is also the world’s largest producer of wheat straw-based paper, with a capacity of 175,000 TPA. The company is also expected to benefit from the growth of the pulp and paper markets, which will boost the company’s performance and cause the stock to rise. 

YearMinimum PriceMaximum Price
2028₹ 80₹ 120

Trident Share Price Target 2029

YearMinimum PriceMaximum Price
2029₹ 90₹ 140

Trident Share Price Target 2030

Trident Limited has maintained its stronghold in more and more markets by producing the highest-quality products on the global market. Simultaneously, the company’s management is focusing more on innovation, sustainability, branding, and digital (i.e., E Commerce and Industry 4.0), expanding capabilities, and moving towards premium products that enjoy higher retail price points. The company is also increasing the capacity utilization of the plants by digitalize the processes and adopting lean practices.

YearMinimum PriceMaximum Price
2030₹ 120₹ 160

Trident Share Price Target 2040

The company’s strategic priorities, governance agenda, and holistic approach to business are aligned to make this a reality that will take the company to new heights in the years to come. If we look at the stock prediction of the company till 2040, then it can go up to ₹ 650.
However, one must be careful and vigilant to keep a constant eye on the growing trends of the market. If you are careful enough, you can earn more than what you invest in these stocks.

YearMinimum PriceMaximum Price
2040₹ 600₹ 650

Recommendations: Invest in Trident Limited stock or sell it?

The Government of India has started several schemes regarding the textile industry, the objective of which is to provide all possible help to the domestic manufacturers so that their businesses can grow. Trident Limited is working on its strategy by looking at future opportunities, which can show good growth in the coming times. As per the current data, Trident Ltd. shares have a positive outlook for the future, but don’t expect much from this stock; you may have other options to invest your money.

FAQ’s

According to our stock forecast, the stock price of Trident Limited is expected to be between ₹ 90 and ₹ 140 in the next 5 years.

Our forecasted stock analyst implies that there will be a positive trend in the future and that Trident Limited shares might be good for investing to make money. If you are good with personal finance and are looking to invest, you can invest in this stock.

 

Generally, consumer cyclical stocks do not always pay dividends, but Trident Ltd. pays dividends to reward its shareholders. In the quarter ending March 2023, Trident Ltd. declared a dividend of ₹ 0.36, translating to a dividend yield of 1.94%.

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